Stock Futures Inch Up Ahead of Jobs Data

U.S. stock futures edged up ahead of employment figures that will be closely watched for clues about the impacts of the Federal Reserve’s interest-rate rises on the broader economy.

S&P 500 futures gained 0.2% and Dow Jones Industrial Average futures strengthened 0.2%. Changes in futures don’t necessarily predict market moves after the opening bell.

Europe stocks wavered Friday. The Stoxx Europe 600 was broadly flat in morning trade as gains in materials and industrials sectors were offset by losses in energy and financials sectors.

The U.K.’s FTSE 100, which is dominated by large international businesses, was largely flat. Other stock indexes in Europe mostly slipped as France’s CAC 40 lost 0.1%, the U.K.’s FTSE 250 was lower 0.1% and Germany’s DAX declined 0.1%.

The Swiss franc and the euro were down 0.2% against the U.S. dollar. Meanwhile, the British pound was flat against the dollar, with 1 pound buying $1.22.

In commodities, Brent crude was up 0.7% to $94.77 a barrel. Gold also gained 0.1% to $1,808.30 a troy ounce.

The yield on German 10-year bunds rose to 0.806% and U.K. 10-year gilts yields gained to 1.907%. The 10-year U.S. Treasury yield was up to 2.690% from 2.674%. Yields move in the opposite direction from prices.

Indexes in Asia mostly climbed as Hong Kong’s Hang Seng added 0.2%, Japan’s Nikkei 225 index rose 0.9% and China’s benchmark Shanghai Composite climbed 1.2%.

Traders worked on the floor of the New York Stock Exchange on Thursday.


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