Stock futures hugged the flat line Thursday evening as investors awaited a key report on the state of the U.S. economic and labor market recovery out Friday morning.
Kathryn Kaminski, Portfolio Manager and Chief Research Strategist at AlphaSimplex, joins Yahoo Finance Live to break down investors’ inflation concerns and outlook for markets amid the pandemic.
Gold prices on Friday hovered near a 2-1/2-month high and were on track for their best week in five months, aided by a weaker dollar and a pullback in Treasury yields as investors cautiously await U.S. non-farm payrolls report due later in the day. "The weaker dollar and U.S. Treasury yields dropping below 1.6% has helped gold prices to go above $1,800," Brian Lan, managing director at dealer GoldSilver Central said. The dollar index slipped to a one-week low against its rival, making gold less expensive for other currency holders, while benchmark U.S. 10-year Treasury yields hovered close to a two-week low.