The S&P and Nasdaq are headed for higher opens, too
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| | 9/06/2019 | |
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Dow Futures Stay Up After August Jobs Report | By Karee Venema | | Dow Jones Industrial Average (DJI) futures are trading above fair value, putting the blue-chip index on track to add to its impressive weekly gain, but have eased back from their earlier highs following this morning's nonfarm payrolls report. Data from the Labor Department showed the U.S. added 130,000 new jobs in August -- fewer than economists were expecting -- while the unemployment rate held steady at 3.7%, and annual wage growth slipped to 3.2%. Elsewhere, investors will be monitoring an afternoon appearance by Fed Chairman Jerome Powell, who's set to talk about monetary policy in Zurich. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are up, too, signaling a third straight win for the U.S. stock market. Continue reading for more on today's market, including: | >> Continue reading... | |
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