Stock Futures Hold Gains as the U.S. Jobs Report Misses Forecasts

Stock futures held onto gains on Friday morning even after the U.S. jobs report in May missed forecasts.

S&P 500 futures were up 0.2%, Dow Jones Industrial Average futures gained 0.31%, and Nasdaq futures rose 0.31%. Wall Street stepped into June with confidence on Thursday with each of the three benchmark indexes scoring new all-time highs. The S&P 500 and Nasdaq notched new intraday and closing records, while the Dow ended at its highest level ever.

The nonfarm payrolls report for May showed 135,000 jobs having been added to the U.S. economy, according to the Labor Department. Economists had expected 178,000 jobs in May. Both April and March figures were reduced: April's was cut to 174,000 from 211,000, while March was revised to 50,000 from 79,000.

Read More: Stock Futures Hold Higher Even After Off-the-Mark Jobs Report

This article was written by a staff member of TheStreet.