financetom
Market
financetom
/
Market
/
Looming Jobs Report Stifles US Equity Futures Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Looming Jobs Report Stifles US Equity Futures Pre-Bell
Jun 5, 2025 5:27 AM

08:13 AM EDT, 06/05/2025 (MT Newswires) -- US equity futures were little changed pre-bell Thursday as traders stayed on the sidelines ahead of Friday's monthly jobs report.

Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were nearly unchanged.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.4% at $65.14 per barrel and US West Texas Intermediate crude up 0.4% at $63.09 per barrel.

The international trade bulletin, scheduled for release at 8:30 am ET, is expected to show the US trade deficit narrowing to $67.6 billion for April from $140.5 billion in March. The jobless claims report is expected to show initial jobless claims decreasing by 4,000 to 236,000 in the week ended May 31, according to estimates compiled by Bloomberg.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Wall Street falls as investors look beyond megacap shares
US STOCKS-Wall Street falls as investors look beyond megacap shares
Jul 18, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * TSMC reverses course after upbeat results * Domino's Pizza slumps after Q2 same-store sales miss * Warner Bros Discovery ( WBD ) jumps on report of mulling break-up plan * Jobless claims higher than expected * Indexes down: Dow...
Fed's Goolsbee Confident With Inflation's 'Golden Path,' But Won't Tie Committee Hands On September Fed Cut: Stocks Fall
Fed's Goolsbee Confident With Inflation's 'Golden Path,' But Won't Tie Committee Hands On September Fed Cut: Stocks Fall
Jul 18, 2024
Chicago Fed President Austan Goolsbee expressed confidence that the inflation trend is on a “golden path,” characterized by a stable decline without triggering a recession. However, he refrained from explicitly stating his intentions regarding possible future interest rate cuts by the Federal Reserve. Investors, instead, are getting increasingly convinced of a September rate cut, with odds near 100%, according to...
Jul 18, 2024
...
Top Midday Stories: Taiwan Semiconductor, Novartis Shares Down Post-Earnings; Meta Weighs Bid for Ray-Ban Maker; Amazon Reports Record-Setting Prime Day
Top Midday Stories: Taiwan Semiconductor, Novartis Shares Down Post-Earnings; Meta Weighs Bid for Ray-Ban Maker; Amazon Reports Record-Setting Prime Day
Jul 18, 2024
12:12 PM EDT, 07/18/2024 (MT Newswires) -- All three major US stock indexes were in the red around midday Thursday as the tech-heavy Nasdaq composite continued its downward trend in recent days. In company news, Taiwan Semiconductor Manufacturing ( TSM ) reported Q2 earnings Thursday of 9.56 New Taiwan dollars ($0.29) per share, up from NT$7.01 per share a year...
Copyright 2023-2025 - www.financetom.com All Rights Reserved