US stock futures extend gains after June non-farm payrolls data
Tweet
Share
E-mail
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2026. REUTERS/Brendan McDermid
July 2 (Reuters) - U.S. stock index futures extended gains on Thursday after a weaker-than-expected jobs report tempered expectations for interest rate hikes by the Federal Reserve this year.
A Labor Department report showed the U.S. economy added 57,000 jobs last month, compared with economists' estimates for a rise of 110,000. The unemployment rate stood at 4.2%, in line with expectations of 4.3%.
At 08:30 a.m. ET, Dow E-minis were up 196 points, or 0.38%, U.S. S&P 500 E-minis were up 30.5 points, or 0.4%, and Nasdaq 100 E-minis were up 180 points, or 0.6%.
(Reporting by Avinash P in Bengaluru; Editing by Devika Syamnath)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Consumer confidence in New Zealand rebounds as inflation outlook softens
- Crusoe in talks to raise $3 billion funding, Bloomberg News reports
- Analysis-Cooling US jobs data buys the Fed and stock market more time
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
