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Traders Eye Factory Orders, Job Openings Data as US Equity Futures Turn Flat Pre-Bell
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Traders Eye Factory Orders, Job Openings Data as US Equity Futures Turn Flat Pre-Bell
Jun 3, 2025 6:15 AM

08:55 AM EDT, 06/03/2025 (MT Newswires) -- US equity futures were flat before Tuesday's opening bell as investors looked ahead to data on factory orders and job openings.

Dow Jones Industrial Average futures were 0.2% lower, S&P 500 futures were down 0.2%, and Nasdaq futures flatlined.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.2% at $65.41 per barrel and US West Texas Intermediate crude 1.4% higher at $63.41 per barrel.

The factory orders bulletin, scheduled for release at 10 am ET, is expected to show a 3.1% drop in factory orders for April following a 4.3% gain in March. Job openings based on the Labor Department's Job Openings and Labor Turnover Survey are seen falling to 7.11 million for April from 7.192 million previously, according to estimates compiled by Bloomberg.

In other world markets, Japan's Nikkei closed 0.06% lower, Hong Kong's Hang Seng ended 1.5% higher, and China's Shanghai Composite finished 0.4% higher. Meanwhile, the UK's FTSE 100 was up 0.2%, and Germany's DAX index was 0.1% higher in Europe's early afternoon session.

In equities, Kiora Pharmaceuticals ( KPRX ) shares were 53% higher pre-bell after the company said it granted Senju Pharmaceutical an exclusive option to exercise rights to an exclusive development and commercialization deal for KIO-301 to treat ophthalmic diseases.

On the losing side, TotalEnergies (TTE) stock was down 1.1% after the company said it has acquired eight solar projects and two battery storage projects in England.

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