Wall Street futures rise after US jobs report


PARIS (Agefi-Dow Jones)–Wall Street index futures rose on Friday after the publication of the monthly employment report in the United States, an indicator closely followed by the Federal Reserve to inform its choices of Monetary Policy. Around 2:45 p.m., the futures contract on the Dow Jones index (DJIA) rose 0.5% to 31,821 points and that on the broader S&P 500 index gained 0.62% to 3,994 points. For its part, the contract on the Nasdaq 100, rich in technology stocks, jumped 0.7%, to 12,373 points. Last month, 315,000 net jobs were created in the United States, after 526,000 in July, according to data published by the US Department of Labor. The unemployment rate in the country stood at 3.7% in August, down from 3.5% in July. Economists polled by the Wall Street Journal had expected 318,000 net job creation and an unemployment rate of 3.5% last month. The number of jobs created in July was initially estimated at 528,000. ([email protected]) editor: VAL

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Dow Jones Newswires

September 02, 2022 08:53 ET (12:53 GMT)



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