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US STOCKS SNAPSHOT-Futures move higher after November payrolls data
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US STOCKS SNAPSHOT-Futures move higher after November payrolls data
Dec 6, 2024 5:55 AM

Dec 6 (Reuters) - U.S. stock index futures moved higher

on Friday after a stronger-than-expected November payrolls data,

with investors expecting the Federal Reserve will remain on

track to cut interest rates this month.

A U.S. Labor Department report showed nonfarm payrolls rose

227,000 in November, compared with estimates of a rise of

200,000, according to economists polled by Reuters. The figures

for October were revised higher to 36,000 from 12,000.

The unemployment rate stood at 4.2% in November, in-line

with a forecast of 4.2%.

At 08:33 a.m., Dow E-minis were up 42 points, or

0.09%, S&P 500 E-minis were up 7.75 points, or 0.13% and

Nasdaq 100 E-minis were up 45 points, or 0.21%.

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