Posted On: 12/07/2012 7:47:33 AM
Post# of 102452
Stock futures flat; wary investors await payrolls
FRANKFURT (MarketWatch) — Investors were reluctant to press U.S. stock-index futures to the upside Friday, after modest gains in the previous session, instead sticking to the sidelines as they weighed whether typically direction-setting nonfarm payrolls data will be overshadowed by uncertainty surrounding the so-called fiscal cliff.
Futures on the S&P 500 index (GLC:SPZ2) fell 1.2 points, or 0.1%, to 1,411.40.
Dow Jones Industrial Average futures (CBOT
JZ2) dropped 10 points, or 0.1%, to 13,053, while Nasdaq 100 futures (CME:NDZ2) declined 3.5 points to 2,650.50.
U.S. jobs growth is forecast to have slowed to 80,000 in November with an unchanged unemployment rate of 7.9%, in a month affected heavily by Hurricane Sandy. The labor data are scheduled for release at 8:30 a.m. U.S. Eastern.
http://www.marketwatch.com/story/stock-future...beforebell
FRANKFURT (MarketWatch) — Investors were reluctant to press U.S. stock-index futures to the upside Friday, after modest gains in the previous session, instead sticking to the sidelines as they weighed whether typically direction-setting nonfarm payrolls data will be overshadowed by uncertainty surrounding the so-called fiscal cliff.
Futures on the S&P 500 index (GLC:SPZ2) fell 1.2 points, or 0.1%, to 1,411.40.
Dow Jones Industrial Average futures (CBOT
JZ2) dropped 10 points, or 0.1%, to 13,053, while Nasdaq 100 futures (CME:NDZ2) declined 3.5 points to 2,650.50. U.S. jobs growth is forecast to have slowed to 80,000 in November with an unchanged unemployment rate of 7.9%, in a month affected heavily by Hurricane Sandy. The labor data are scheduled for release at 8:30 a.m. U.S. Eastern.
http://www.marketwatch.com/story/stock-future...beforebell
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