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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%.
On Thursday, Asian stocks rallied after the major US bank took a more accommodative stance at its policy gathering, although worries over US-China trade negotiations and decelerating global surged capped broad profits and suppressed some markets…
On Wednesday, American stocks were nearly intact because market participants awaited more clarity on the Fed’s interest rate outlook for 2019, while some trade fears still persisted…
On Wednesday, Asian stocks dived because investors took profits ahead of a policy decision by the Fed, anticipated to tell more about its interest rate plans for the rest of 2019…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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