U.S. stock futures tick higher as soft jobs data eases Fed hike bets

U.S. stock futures are ticking higher following the release of soft jobs data, which has reduced expectations for further Federal Reserve interest rate hikes. Simultaneously, Gold prices edged upward after experiencing their most significant weekly decline since June. Traders are currently analyzing how the slowdown in the US jobs market and rising bond yields will influence the Federal Reserve's future path regarding interest rates and overall monetary policy decisions in the coming months.