SG markets the spotlight remains on the major bank earnings, which are likely to determine the STI's near-term performance. If yields stabilize and corporate earnings remain resilient, the outlook remains constructive. However, a further rise in long-term yields could trigger continued rotation toward banks, financials and other value-oriented sectors while weighing on rate-sensitive growth stocks and REITs.

This week's U.S. jobs report and Treasury yield movements will be critical in shaping expectations for Federal Reserve policy and broader market direction.