This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Market Hustle: Stock Futures Rise as Job Creation Jumps

Stocks in this article: ^DJI ^GSPC ^IXIC PFE BIG FL

NEW YORK (TheStreet) -- U.S. stock futures were popping after government jobs data for February jumped more than expected.

  • Dow Jones Industrial Average futures were rising 72 points, or 77.11 points above fair value, to 16,487. S&P 500 futures were adding 8 points, or 8.32 points above fair value, to 1,884.25. Nasdaq futures were up 10.8 points, or 12.42 points above fair value, to 3,732.8.
  • The U.S. nonfarm payrolls report for February showed a gain of 175,000 jobs, greater than the 149,000 jobs expected by economists. The jobless rate came in at 6.7% compared with expectations of 6.6%.
  • January consumer credit numbers will be released at 3 p.m. EST.
  • New York Federal Reserve Bank President William Dudley will speak in New York about the economy at noon.
  • The markets continued to keep an eye on headlines on Ukraine, as the West and Russia remain at odds over Russia's actions in Crimea, with President Barack Obama and his allies in the EU reportedly working together to impose sanctions as punishment for Russia's moves there.
  • The S&P 500 settled at another record high Thursday amid fewer jobless claims, while the European Central Bank's decision to hold rates showed improved regional confidence. On Thursday, the S&P 500 settled at a record for the 50th time in the last 12 months.
  • Big Lots (BIG)was surging more than 14.5% after topping fourth-quarter earnings expectations by 5 cents a share at $1.45, and Foot Locker (FL) was popping more than 5% after beating fourth-quarter earnings estimates by 6 cents at 82 cents a share. Same-store sales rose 5.3%.
  • In other stock news, Pfizer (PFE)is recalling one lot of 30-count Effexor XR 150 mg extended-release capsules, one lot of 90-count Effexor XR 150 mg extended-release capsules, and one lot of 90-count Greenstone LLC-branded Venlafaxine HCl 150 mg extended-release capsules after a pharmacist reported that one bottle of Pfizer's Effexor XR contained one capsule of Tikosyn 0.25mg.

Unemployment Rate Rises as Economy Adds More Jobs Than Forecast
Labor Participation Rate Unchanged as Payrolls Jump Higher

-- Written by Andrea Tse in New York

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs