(Bloomberg) -- US stock futures extended losses and Treasury yields rose after data showed the American labor market remains strong, fueling speculation the Federal Reserve has room to keep raising rates.Most Read from BloombergIf You Have Student Loans, Mark These Dates on Your CalendarWhy Conservatives Are Blocking McCarthy as Speaker — and Throwing Congress Into ChaosAmazon to Slash More Than 18,000 Jobs in Escalation of CutsFed Affirms Inflation Resolve, Pushes Back Against Rate-Cut BetsShop