The selling pressures are not carrying over into the new week, with US futures also keeping the calm for now. S&P 500 futures are up 0.5% as Wall Street is hoping to turn the whole narrative from "terrible jobs data is bad for the economy" to "terrible jobs data means the Fed will cut rates soon". Swiss stocks are dragged down at the open though with the SMI down 1.8% as it was a holiday in Switzerland on Friday. Hence, it's a catch up to the declines at the end of last week.
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