US equities rally
On Tuesday, US stock indices inched up because investors reacted positively to the news of the outcome of the next round of trade negotiations between the United States and China…
American futures tack on ahead of jobs data
On Friday, American futures pointed to a higher starting bell because traders were waiting for the nonfarm payrolls data.
The S&P 500 futures rallied 0.28%, Dow futures added 0.32%. As for tech heavy Nasdaq 100 futures, they inched up 0.37%.
Market participants are waiting for firm jobs data from the US Labor Department that is going to have its December nonfarm payrolls report published at 8:30, Friday. The consensus estimate is that the data will demonstrate jobs surge of 190,000, following November’s soar of 228,000. As for the unemployment rate, it’s expected to stay intact at 4.1%. Additionally, average hourly earnings are supposed to edged up 0.3% after a leap of 0.2% the previous month.
Car maker Fiat happened to be among the key performers in pre-market trading, gaining 2.86%. Networking hardware company Cisco Systems tacked on 1.95%, General Electric surged 1.24%, software company NQ Mobile rallied 5.65%.
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