Investors await key labor market reports that could shape the Federal Reserve's next move tonight.
On Friday, US Wall Street fell, indicating that investors are becoming cautious and awaiting important information before deciding to return to the market.
If job growth remains strong, the Fed may hesitate to cut interest rates, which could weigh on the stock market.
The Fed's December meeting minutes indicated the possibility of a lower frequency of rate cuts despite concerns about inflation.
These concerns were also supported by recent reports on private employment, services activity and price increases.
In addition, corporate earnings reports from Constellation Brands, Delta Air Lines and Walgreens Boots Alliance will also be of interest to investors.
With inflation concerns and interest rate uncertainty, the market could see volatile movements depending on the jobs report.
Investors are hoping for steady job growth without raising concerns about persistently high inflation.
