Trading Concept
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Concept
No Result
View All Result
Home Trading News

Stock futures are flat ahead of October jobs report

by
November 5, 2021
in Trading News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Manhattan rents hit an all-time high in January

Morgan Stanley says Biden-backed green subsidies will boost this little-known hydrogen stock

A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021.

Brendan McDermid | Reuters

Stock futures were flat in overnight trading Thursday ahead of the highly anticipated October jobs report.

Futures on the Dow Jones Industrial Average shed 8 points. S&P 500 futures were near the flatline and Nasdaq 100 futures were little changed.

Investors are awaiting the release of October nonfarm payroll numbers Friday morning. Consensus estimates call for 450,000 jobs added, according to Dow Jones. September’s report tallied 194,000 additional jobs, far short of the 500,000 estimate.

“Tomorrow’s Payrolls numbers become even more significant, as it is the first full month of hiring following the expiration of federal enhanced unemployment benefits, while public health has simultaneously improved and labor demand has remained strong,” Goldman Sachs’ Chris Hussey said Thursday.

Thursday’s regular trading session saw the S&P 500 gain 0.4% to close at a record high in its sixth-straight winning day. The Nasdaq Composite notched its ninth consecutive positive session, rising 0.8% to a record close. The Dow bucked the trend and dipped 33.35 points.

The technology sector led the S&P 500, up 1.5% Thursday. Financials lagged with a 1.3% loss.

Market participants digested the Federal Reserve’s plan to begin tapering its pandemic aid by the end of November, putting the central bank on track to end its asset purchase program by the middle of next year.

Investors also received a fresh labor market reading Thursday as first-time jobless claims totaled 269,000 last week, the lowest pandemic-era total and lower than expected.

All three major averages are on track to end the week higher. The Dow is up 0.9% on the week, while the S&P 500 is 1.6% higher and the Nasdaq Composite is up 2.9%.

ShareTweetPin

Related Posts

Manhattan rents hit an all-time high in January

by
February 9, 2023
0

A man enters a building with rental apartments available in New York City. Eduardo Munoz Alvarez | VIEW press |...

Morgan Stanley says Biden-backed green subsidies will boost this little-known hydrogen stock

by
February 9, 2023
0

Shares of Norway's Nel Hydrogen are expected to rise by more than 20% thanks to the latest set of green...

Singapore drops pre-departure requirements for travelers, further eases mask rules

by
February 9, 2023
0

People gather outside the ArtScience Museum at Marina Bay Sands in Singapore on January 17, 2023. (Photo by Roslan RAHMAN...

Oil faces a ‘serious problem’ by 2024 as production capacity runs out, warns Goldman — here are 3 big oil stocks with yields as high as 4%

by
February 9, 2023
0

S&P 500 4,117.86 -46.14(-1.11%) Dow 30 33,949.01 -207.68(-0.61%) Nasdaq 11,910.52 -203.27(-1.68%) Russell 2000 1,942.60 -30.01(-1.52%) Crude Oil 78.47 0.00(0.00%) Gold...

‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks to Take Advantage

by
February 9, 2023
0

S&P Futures 4,137.50 +7.00(+0.17%) Dow Futures 34,065.00 +70.00(+0.21%) Nasdaq Futures 12,580.00 +34.75(+0.28%) Russell 2000 Futures 1,953.00 +3.10(+0.16%) Crude Oil 78.57...

Next Post

Friday: Employment Report

Shares of China properties listed in Hong Kong fall, as Kaisa and its units are suspended

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • WHO says Covid vaccine booster programs will prolong pandemic

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Spin or Split? AT&T Has a Big Decision to Make on Discovery Stake.

    0 shares
    Share 0 Tweet 0
  • Here’s how Carl Icahn is positioning for a possible recession in America

    0 shares
    Share 0 Tweet 0
  • Some lawmakers and their families are betting thousands of dollars on crypto

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by tradingconcept.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.tradingconcept.net