US Stock Futures Rise Before Jobs Data, Oil Eyes 13 Percent Weekly Fall

US Stock Futures Rise Before Jobs Data, Oil Eyes 13 Percent Weekly Fall
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Oct. 13, 2021. Brendan McDermid/Reuters
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LONDON—U.S. stock index futures rose on Friday ahead of U.S. employment data with markets watching for signs of inflation, while oil was poised for a 13 percent weekly fall following reserve releases.

Investors are fretting over whether inflationary pressures will force central banks into aggressive rate hikes, potentially triggering recessions.