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Stronger-Than-Expected Jobs Report Lifts US Equity Future Pre-Bell
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Stronger-Than-Expected Jobs Report Lifts US Equity Future Pre-Bell
Jun 6, 2025 6:33 AM

09:03 AM EDT, 06/06/2025 (MT Newswires) -- US equity futures were higher pre-bell Friday as investors digested the crucial monthly jobs report.

Dow Jones Industrial Average futures were 0.4% higher, S&P 500 futures were up 0.5%, and Nasdaq futures were also up 0.5%.

Investors are also monitoring a potential truce between President Donald Trump and Tesla (TSLA) Chief Executive Elon Musk following their public spat on social media.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.3% at $65.52 per barrel and US West Texas Intermediate crude 0.3% higher at $63.55 per barrel.

The May jobs report, released at 8:30 am ET, showed a 139,000 increase in nonfarm payrolls after a 147,000 rise in April, compared with estimates compiled by Bloomberg for a 126,000 gain. The unemployment rate remained steady at 4.2%, in line with expectations.

In other world markets, Japan's Nikkei closed 0.5% higher, Hong Kong's Hang Seng ended 0.5% lower, and China's Shanghai Composite finished 0.04% higher. Meanwhile, the UK's FTSE 100 was up 0.1%, and Germany's DAX index was down 0.2% in Europe's early afternoon session.

In equities, Manchester United ( MANU ) shares were up 5.9% pre-bell after the company reported a narrower fiscal Q3 adjusted loss and higher revenue.

On the losing side, Lululemon Athletica ( LULU ) shares were 19% lower after the company late Thursday cut its fiscal 2025 earnings outlook. DocuSign ( DOCU ) shares were down 19%, a day after the company lowered its fiscal 2026 billings guidance.

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