US Stocks- Futures slip ahead of June jobs data
时间:2024-06-26 08:55:42 阅读(143)
Futures slipped on Friday, after a recent run of gains for Wall Street’s main indexes, as investors awaited monthly jobs data to gauge the strength of the U.S. economy and the path of future rate hikes.
U.S. stock markets started the month on a solid footing after a brutal first half of the year amid aggressive rate hikes by the Federal Reserve. The S&P 500 and the Nasdaq recorded their fourth successive higher close on Thursday.
Fed Governor Christopher Waller and St. Louis Fed President James Bullard said on Thursday they would support another 75-basis-point rate increase later this month, but a downshift to a slower pace afterward.
The closely watched Labor Department report, due at 8:30 a.m. ET (1230 GMT) is expected to show nonfarm payrolls likely increased by 268,000 jobs last month after rising by 390,000 in May.
However, the data is also expected to show jobless rate remained near pre-pandemic lows at 3.6% and average hourly earnings increased 0.3% for a third straight month.
Meanwhile, European and Asian shares struggled after Japan’s former Prime Minister Shinzo Abe died on Friday hours after he was shot while campaigning for a parliamentary election.
At 07:08 a.m. ET, Dow e-minis were down 23 points, or 0.07%, S&P 500 e-minis were down 9.5 points, or 0.24%, and Nasdaq 100 e-minis were down 66.5 points, or 0.55%.
Levi Strauss rose 3.9% in premarket trade after the company’s second-quarter results beat estimates, helped by strong demand for its denim jeans and jackets.Twitter Inc fell 4% after a report said Elon Musk’s deal to buy the social media company is in “serious jeopardy”.
上一篇:Tata Steel share price jumps 1% on strong Europe EBITDA in Q1FY23; should you buy, hold, sell-
下一篇:Zydus Lifesciences shares soar on Q2 results; Should you buy, hold or sell Zydus stock-
猜你喜欢
- Suzuki Motor Corp to invest Rs 38,200 crore in Gujarat
- Sensex gains for 2nd day straight; Nifty support at 17700, a move above 17900 may induce rally towards 18100
- Sensex ends flat with marginal gains, Nifty may edge higher, check support & resistance levels
- Adani to launch open offer for ACC and Ambuja Cements on August 26
- Sebi takes carrot and stick route on bond issuances
- Surat Diamond Bourse- PM Modi unveils world’s largest office building in Gujarat – See Photos
- Sula Vineyards IPO to open on Dec 12; sets price band at Rs 340-357 per share
- Strategies and best practices for sustainable construction in India
- Surat’s weavers battle soaring import bills