The Morning Bull - US Market Morning Update Monday, Oct, 5 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.7%, as investors weigh cooler job growth against hotter manufacturing and price signals. The latest non-farm payrolls report shows only 29,000 new jobs in September and unemployment at 4.2%, which hints that hiring is losing steam and pay rises are slowing, with annual wage growth at 3%. At the same time, the ISM Manufacturing PMI sits at 54.5 and the S&P Global manufacturing gauge at 55.9, both suggesting factories remain busy while costs rise due to tariffs and Middle East conflict. The dilemma is simple but uncomfortable for markets.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.