US futures higher as Wall Street rally looks set to continue; jobs data in focus

Friday, 7 June 2019 15:43 WIB

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U.S. stock index futures were higher Friday as Wall Street looks set for a fifth straight day of gains, amid hopes of progress on trade talks between the U.S. and Mexico.

At around 3.30 a.m. ET, Dow futures were up 61 points and indicated a positive open of around 78 points, while the S&P 500 and Nasdaq also ticked higher.

Investors will also be keeping a close eye to the latest nonfarm payrolls out of the U.S, which are due out during Europe’s afternoon session. Economists polled by Reuters are forecasting that the U.S. will add 180,000 jobs during the course of May, yet if the figure is dramatically different to this, then this could impact the U.S. Federal Reserve’s current thinking surrounding interest rates.

Source : CNBC


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