NEW YORK (Reuters) - Stock futures shot up on Friday on optimism the government's monthly employment report expected shortly before the open will support future market gains.
The Labor Department report, due at 8:30 a.m. (1230 GMT), is expected to show employers added 100,000 jobs outside the farm sector last month, according to economists polled by Reuters. In August, non-farm payroll jobs fell unexpectedly by 4,000.
"There's a school of thought that there's really no bad outcome with the jobs number," said Rick Meckler... (read the rest of it here: http://www.reuters.com/article/businessNews/idUSHER26663520071005?feedType=RSS&feedName=businessNews )
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment