Futures jump after August jobs data

2022.09.02 16:09

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 22, 2022. REUTERS/Brendan McDermid

(Reuters) – U.S. stock index futures reversed early losses on Friday to hit session highs after data showed stronger-than-expected jobs growth in August but a rise in unemployment rate and a cooling wage increase eased some concerns about inflation.

At 08:34 a.m. ET, Dow e-minis were up 155 points, or 0.49%, S&P 500 e-minis were up 23.5 points, or 0.59%, and Nasdaq 100 e-minis were up 73.5 points, or 0.6%.

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