American futures tack on ahead of jobs data

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%.

Similar

European equities head south

On Tuesday, European equities went down, having a second straight loss because telecom stocks were pressured, while market participants stepped back from risk ahead of testimony having to do with monetary policy from Fed Chair Jerome Powell…

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera