financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-Futures drift lower after January nonfarm payrolls data
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-Futures drift lower after January nonfarm payrolls data
Feb 7, 2025 6:05 AM

Feb 7 (Reuters) - U.S. stock index futures slipped on

Friday as the January nonfarm payrolls number missed

expectations, while the numbers for December were revised

higher.

A Labor Department report showed the U.S. economy added

143,000 jobs in January, compared with economists' estimate of a

rise of 170,000.

The unemployment rate stood at 4%, compared with

expectations of 4.1%, while average earnings rose 0.5% on a

monthly basis against forecasts of 0.3% growth.

For December, the nonfarm payrolls number was revised to

307,000 from 256,000.

At 08:34 a.m. ET, Dow E-minis were down 29 points,

or 0.06%, S&P 500 E-minis were down 7.5 points, or 0.12,

and Nasdaq 100 E-minis were down 45.25 points, or 0.21%.

(Reporting by Sukriti Gupta; Editing by Anil D'Silva)

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved