Investing.com - Financial Markets Worldwide
💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

US STOCKS SNAPSHOT-Futures erase gains after sharp slowdown in May jobs growth

Published 06/07/2019, 08:44 PM
Updated 06/07/2019, 08:50 PM
US STOCKS SNAPSHOT-Futures erase gains after sharp slowdown in May jobs growth
ESZ24
-
1YMZ24
-
NQZ24
-

June 7 (Reuters) - U.S. stock index futures pared gains on
Friday after data showed domestic job growth slowed sharply in
May and wages rose less than expected, adding to concerns over
the pace of economic growth.
U.S. employers added 75,000 jobs in May, while economists
polled by Reuters had forecast payrolls rising by 185,000 jobs,
suggesting the loss of momentum in economic activity was
spreading to the labor market. Monthly wage growth remained moderate, with average hourly
earnings increasing six cents, or 0.2%, following a similar gain
in April.
At 08:36 a.m. ET, Dow e-minis 1YMc1 were down 4 points, or
0.02%. S&P 500 e-minis ESc1 were up 1 points, or 0.04% and
Nasdaq 100 e-minis NQc1 were up 6.25 points, or 0.09%.
Minutes ahead of the release, Dow e-minis 1YMc1 were up 65
points, or 0.25%. S&P 500 e-minis ESc1 were up 8 points, or
0.28% and Nasdaq 100 e-minis NQc1 were up 24.75 points, or
0.34%.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.