Futures Fall Ahead of Jobs Report
NEW YORK -- Stock futures were slumping ahead of a key monthly unemployment report.
Investors are awaiting the Labor Department's June unemployment figures. Economists expect the nation's jobless rat to rise to 9.6% last month from 9.4% in May. That would mark a 26-year high. The rate is seen as a key barometer in the nation's economic recovery. The report is scheduled to be released at 8:30 a.m. EDT. World markets also were lower Thursday after a report showed unemployment in the 16 countries that use the euro rose to a 10-year high in May. Dow Jones Industrial Average futures were down 48 at 8,400. S&P 500 index futures were down 5 at 914, while Nasdaq 100 index futures were down 5 at 1,474.- Loading Comments...
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Calculated Risk
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.64 | 1,070.52 | 2,150.87 | 36.33 |
Oil *
72.02
|
|
UP
150.25
|
UP
13.78
|
UP
24.82
|
UP
0.41
|
10 Yr
3.63%
SPDR Gold
105.45
|
|
+1.52%
|
+1.30%
|
+1.17%
|
+1.14%
|
Data delayed 20 minutes |
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