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U.S. Stock Futures Steady Ahead of January Jobs Report


Friday, 1 February 2019 19:23 WIB

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U.S. stock futures struggled for direction Friday morning, on the heels of one of the best Januarys for equity indexes in about 30 years, as investors await a key reading on the health of the labor market.

Futures for the Dow Jones Industrial Average were up 26 points, or 0.1%, at 25,002, those for the S&P 500 index retreated 2 points, or 0.1%, at 2,702.25, while Nasdaq-100 futures pulled back 33.75 points at 6,881, a decline of 0.5%.

On Thursday, the Dow slid 15.19 points to 24,999.67, while the S&P 500 rose 23.05 points, or 0.9%, to 2,704.10. The Nasdaq Composite Index meanwhile, advanced 98.66 points, or 1.4%, to 7,281.74.

For the month, the S&P 500 climbed 7.9% for its best January since 1987, while the Dow rose 7.2%, its best January since 1989. The Nasdaq had its best January since 2001 on the back of a 9.7% monthly gain.

Source : Market Watch


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