Stock futures edge lower; focus on jobs data
Stock index futures pointed to a slightly lower open for equities on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling up to 0.2 percent.
The Labor Department releases its February employment report at 1330 GMT. Economists forecast 210,000 jobs were created during the month, compared with 243,0000 new jobs in January. The unemployment rate is seen at 8.3 percent, a repeat of the January rate.
The Commerce Department releases at 1330 GMT its January International Trade report. Economists expect a trade deficit of $49.0 billion in January, versus a deficit of $48.80 billion in December.
The Commerce Department also releases wholesale inventories for January, due at 1500 GMT, with economists forecasting a rise of 0.6 percent, versus a gain of 1.0 percent in December.
Carnival Corp
General Motors
The Justice Department has warned Apple
Exxon Mobil Corp
A South African court on Friday largely dismissed an appeal from government and unions to roll back approval for Wal-Mart's
Shares in Texas Instruments Inc
China's annual consumer inflation slowed sharply to a 20-month low in February, and factory output and retail sales also cooled more than forecast, giving policymakers ample room to further loosen monetary policy to support flagging growth.
European stocks <.FTEU3> rose slightly in early trade, climbing for a third day in a row, after Greece's private creditors accepted its bond swap offer.
Greece claimed a major success for its bond swap offer to private creditors on Friday after it won heavy acceptance for a deal that averts the immediate risk of an uncontrolled default on its massive public debt. European leaders will take the final decision on the second bailout package for Greece in a teleconference later on Friday.
The Dow Jones industrial average <.DJI> gained 70.61 points, or 0.55 percent, to 12,907.94 at the close on Thursday. The Standard & Poor's 500 Index <.SPX> rose 13.28 points, or 0.98 percent, to 1,365.91. The Nasdaq Composite Index <.IXIC> advanced 34.73 points, or 1.18 percent, to close at 2,970.42.
(Reporting By Alessandra Prentice; Editing by Jon Loades-Carter)
© Copyright Thomson Reuters 2024. All rights reserved.