Finance

Stock futures are flat ahead of key April jobs report

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Shannon Stapleton | Reuters

Stock futures traded mostly flat Thursday as investors awaited Friday’s highly anticipated jobs report to assess the pace of the labor-market recovery.

Dow futures were down 18 points, while contracts tied to the S&P 500 ticked just above the flatline. Nasdaq 100 futures rose 0.1%.

The Labor Department is set to publish April’s jobs report at 8:30 a.m. ET on Friday. Economists polled by Dow Jones expect 1 million payrolls to have been added last month and the unemployment rate is expected to have fallen to 5.8% from 6%

April’s job report will carry extra importance as the Federal Reserve works to fulfill its pledge to keep its zero rates policy and other easing…



Source cnbc.com

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