Odaily Planet Daily News: Traders are waiting for non-farm payrolls data, which is expected to show a rebound in employment in August and a slight drop in the unemployment rate. S&P 500 futures fell nearly 0.5%, set to fall for the fourth consecutive day; Nasdaq 100 futures fell 0.8%, and Dow futures fell nearly 0.3%. Concerns about an excessive economic slowdown have prompted risk assets to retreat this week, with the policy-sensitive 2-year Treasury yield falling 18 basis points since Tuesday. Swap contracts fully reflect the possibility of a 25 basis point rate cut by the Federal Reserve in two weeks, and the probability of a 50 basis point cut is about one-third. But Citi traders expect deeper rate cuts, with three 50 basis point rate cuts expected this year. "Risk markets are more sensitive to growth dynamics than interest rates right now," said Bilal Hafeez, CEO and head of research at Macro Hive. "If the data is weak, then risk markets such as stocks will suffer a heavy blow." (Jinshi)