(CercleFinance.com) – Futures on the main American indices (-1% on the S&P500, -1.5% on the Nasdaq-100) augur a lower opening this Friday, in the wake of the report on the job unveiled this morning by the Department of Labor.
The US economy generated 390,000 non-farm payrolls in May, a number above consensus, but the unemployment rate remained at 3.6%, when it was expected to be slightly lower by economists.
‘The labor market therefore remains very robust’, judges Commerzbank, for whom ‘due to the persistence of strong demand for labour, the risk of a wage-price spiral persists’ and ‘strong news rate hikes are likely.
Traders should also be attentive, shortly after the opening of the session, to the composite PMI activity index of S&P Global, then to the non-manufacturing ISM index of the United States, under the past month.
As a reminder, the composite PMI index had been announced down to 53.8 as a flash estimate for the month of May, reflecting slower growth in US private sector activity observed in both industry and services.
On the securities front, Bristol Myers Squibb announces a definitive agreement to acquire Turning Point Therapeutics, a clinical-stage precision oncology company, for a total consideration of $4.1 billion.
Retail giant Walmart says it plans to build four next-generation fulfillment centers over the next three years, with the first opening slated for this summer in Joliet, Illinois.
The Costco Wholesale chain of warehouse stores announced Thursday evening a net turnover of more than 18.2 billion dollars for its month of May, an increase of 16.9% (+ 15.5% on a comparable basis). ).
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