Wall Street's current mindset is pretty contradictory—the core logic is that bad news equals good news. Market signals: Gold: Slight uptick, meaning people are looking for safety, but it's not full-on panic yet. Oil: Dropping, suggesting there's little confidence in future economic demand. Bitcoin: Big drop—being the most sensitive asset, it's the first to react to liquidity tightening risks. Key focus: Tonight's 9:30 PM employment data. If employment is weak, the chances of the Fed cutting rates next year increase, which would be a big boost for the stock market. On the flip side, if the data is too strong, rate cuts might be off the table, and the stock market could take a hit. However, due to the previous long-term government shutdown, the stats bureau's work hasn't been fully completed, so the data might be inaccurate and subject to major revisions later. As a result, whether the data is good or bad, institutions aren't fully trusting it, leaving everyone in a wait-and-see mode, hesitant to make big moves.