This post was originally published on this site
Investing.com – U.S. stock futures were trading slightly higher during Thursday’s evening trade, after major benchmark averages finished lower as stronger than anticipated ADP Nonfarm Employment Change data boosted expectations of higher interest rates, while traders brace for nonfarm payrolls set for release later in Friday’s session.
By 6:30pm ET (11:30pm GMT) Dow Jones Futures were 0.1% higher, while S&P 500 Futures and Nasdaq 100 Futures were up 0.2% apiece.
Ahead in Friday’s session, market participants will be closely monitoring fresh nonfarm payrolls and unemployment rate data, as well as factory orders and ISM’s Services PMI.
During Thursday’s regular session, the Dow Jones Industrial Average fell 339.69 points, or 1%to 32,930.1, the S&P 500 declined 44.9 points or 1.2% to 3,808.1 while the NASDAQ Composite fell 153.5 points or 1.5% to 10,305.2
On the bond markets, United States 10-Year rates were at 3.72%.
