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Markets Open Mixed, July Jobs Report, Auto Sales Due

8/01/14 7:58 AM EDT
U.S. stock index futures are pointing to a lower open on Wall Street Friday following Thursday's declines. Asian markets followed the U.S. in Friday's session and ended solidly in the red. In Europe, about halfway through the trading day, markets are lower. The July Jobs Report is due out at 8:30am ET and economists expect U.S. employers added 233,000 workers to their payrolls last month. The unemployment rate is expected to remain steady at 6.1%. Economists will also be watching average hourly earnings and whether they increased. This morning, Hilton posted profits of 21 cents a share in the latest quarter, that was a 2 cents above estimates. The hotel chain also said that revenue per room increased 6.7% and because of that they raised their profit guidance for the year. After the close on Thursday, Tesla posted a surge in profits with a big beat on its bottom line and a record number of Model S deliveries. The company says it's now producing roughly 800 cars a week. Throughout the day, automakers will report their July sales figures. Expectations are for an annual rate of sales to be around 16.7 million units. TheStreet's Ruben Ramirez reports from New York.
Stocks in this video: TSLAHLTFGMBRK
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