Stock Futures Hover Ahead of Jobs Report
Traders work on the floor of the New York Stock Exchange.
Image:
Michael Nagle / Bloomberg News
June 3, 2022 3:36 a.m. ET
US stock futures remained steady as investors awaited important economic data on the labor market.
In the US, S&P 500 futures fell 0.1% and futures on the Dow Jones Industrial Average traded flat. Contracts do not necessarily predict moves after the opening bell.
European stocks rallied on Friday in two days of gains. Stoxx Europe 600 rose 0.3% in morning trade. The consumer staples and utilities sectors led gains, while the energy sector lost ground.
Other shares in Europe also rose. France’s CAC 40 was up 0.5 percent and Germany’s DAX was up 0.5 percent. Markets in the UK were closed for a public holiday.
The Swiss franc strengthened 0.1% against the US dollar, with 1 franc buying $1.04. The euro was mostly flat against the dollar, with 1 euro buying $1.07. The British pound depreciated 0.1% against the dollar, with 1 pound buying $1.26.
In commodities, Brent crude fell 0.4% to $117.17 a barrel. Gold fell 0.1% to $1,869.60 an ounce.
The yield on the German 10-year bond fell from 1.241% to 1.240%. Yields on 10-year US Treasuries increased from 2.912% to 2.916%. Yields move in the opposite direction of price.
In Asia, Japan’s Nikkei 225 index gained 1.3%.
—An artificial intelligence engine was used to create this article.
Copyright © 2022 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
https://www.wsj.com/articles/global-stocks-markets-dow-update-06-03-2022-11654241708?mod=rss_markets_main Stock Futures Hover Ahead of Jobs Report
