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Futures Pointing To Early Weakness On Wall Street Following Jobs Data

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advfn.co.uk

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newsdesk@advfn.co.uk

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Fri, Sep 6, 2024 02:14 PM

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Friday, 06 September 2024 10:03:06 US Market The major U.S. index futures are currently pointing to

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Friday, 06 September 2024 10:03:06 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to see initial weakness after turning in mixed performances over the two previous sessions. Concerns about the outlook for the U.S. economy may weigh on the markets after the Labor Department released a report showing employment rose by less than expected in the month of August. The Labor Department said non-farm payroll employment climbed by 142,000 jobs in August compared to economist estimates for an increase of 160,000 jobs. The report also said the increases in employment in June in July were downwardly revised to 118,000 jobs and 89,000 jobs, respectively, reflecting a net downward revision of 86,000 jobs. Meanwhile, the Labor Department said the unemployment rate edged down to 4.2 percent in August from 4.3... [Read More]( --------------------------------------------------------------- Do you day trade? Trader Alerts streams stocks reaching new highs and lows as well as stocks breaking out of previous volume highs as they happen. It's a powerful tool for day trading ideas. [Learn More / Upgrade]( --------------------------------------------------------------- U.S. Economic Reports Employment in the U.S. rose by less than expected in the month of August, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment climbed by 142,000 jobs i... [Read More]( --------------------------------------------------------------- Europe European stocks have moved mostly lower on Friday, extending declines for a fifth day running, as traders react to the closely watched U.S. jobs data. While the German DAX Index is down by 0.5 percent, the U.K.?s FTSE 100 Index and the French CAC 40 Index are both down by 0.... [Read More]( --------------------------------------------------------------- [Sell every Stock except ONE]( Markets are down... But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month... [Ticker Revealed.]( --------------------------------------------------------------- Asia Asian shares ended mostly lower on Friday as investors awaited key U.S. jobs data later in the day that could influence the pace and magnitude of rate cuts by the Federal Reserve in the remaining months of 2024. The dollar lingered near a one-month low versus the yen after data showed U.S. private sector job growth slumped to a 3-1/2-year low in August. Gold edged up slightly on dollar weakness, while oil prices were set for deep weekly losses on persistent concern... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are rising $0.58 to $69.73 a barrel after edging down $0.05 to $69.15 a barrel on Thursday. Meanwhile,... [Read More]( --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +1 888-992-3836. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

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