Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Stock Futures Cut Gains After Jobs Report

T.RY

U.S. stock index futures pared earlier gains on Friday after the release of disappointing U.S. employment data.

Futures for the Dow Jones Industrials gained 36 points, or 0.1%, early Friday to 28,961.

Futures for the S&P 500 took on five points, or 0.2%, at 3,281.

Futures for the NASDAQ Composite gained 30 points, or 0.3%, to 9,039.

On the data front, the U.S. economy added 145,000 jobs in December. Economists polled by Dow Jones expect the U.S. economy to have added 160,000 jobs in December.

Wages also disappointed, growing by just 2.9% on a year-over-year basis. Economists had forecast a gain of 3.1%. December was also the first month since July 2018 that wages grew by less than 3% from the year before.

Overseas, in Japan, the Nikkei 225 surged 0.5% Friday, while in Hong Kong, the Hang Seng Index took on 0.3%.

Oil prices ducked 15 cents to $59.41 U.S. a barrel.

Gold prices slid five dollars to $1,549.30 U.S. an ounce.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today