{"id":753113,"date":"2026-02-09T16:55:13","date_gmt":"2026-02-09T16:55:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/753113\/"},"modified":"2026-02-09T16:55:13","modified_gmt":"2026-02-09T16:55:13","slug":"ftse-100-flat-and-us-stocks-mixed-as-us-jobs-and-inflation-data-loom","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/753113\/","title":{"rendered":"FTSE 100 flat and US stocks mixed as US jobs and inflation data loom"},"content":{"rendered":"\n

The FTSE 100 (^FTSE<\/a>) traded sideways and US indices and European stocks were mixed on Monday, as the market looks ahead to this week’s US jobs report and inflation data for a read on the economy.<\/p>\n

On Wednesday, the Bureau of Labor Statistics (BLS) is set to release the delayed January jobs report. The focus will be on whether further signs of cracks in the labour market<\/a> emerge after ADP’s private-sector payrolls update last week fell short. Inflation data from the BLS is also set for release Friday morning.<\/p>\n

Wall Street also continues to debate the AI disruption risk<\/a> to software companies, with a sharp decline in shares of monday.com (MNDY<\/a>). The stock fell as much as 23% after the company offered revenue and profit guidance that fell short of Wall Street forecasts.<\/p>\n

In the UK, prime minister Keir Starmer faced his latest test of political confidence with the resignation of two key aides.<\/p>\n

Rumours of leadership challenges are stirring as questions swirl over his appointment of Peter Mandelson to the US ambassador role, even as Mandelson’s links to Jeffery Epstein were known. Starmer has said he made a mistake and the former ambassador lied to him about the extent of his relationship with the convicted child sex offender.<\/p>\n

Over the weekend, Starmer’s chief of staff Morgan McSweeney resigned, taking responsibility for backing Mandelson in the top US ambassador job. On Monday morning, Number 10 communications director Tim Allan also stepped down to “allow a new No10 team to be built.”<\/p>\n

Read more: <\/strong>Gold prices surge back above $5,000 as investors look ahead to US jobs and inflation data<\/strong><\/a><\/p>\n

“I wish the PM and his team every success,” Allan said.<\/p>\n

Starmer will meet with his MPs in private later today amid calls for him to step down.<\/p>\n

An investigation is taking place and is set to shine light on how Mandelson conducted business during his time in Downing Street under Gordon Brown and beyond. The Epstein files revealed he had passed sensitive and market-moving information to Epstein and his clients, and advised on how to apply pressure on policies, such as limits on banker’s bonuses.<\/p>\n