American stocks set for revenues
On Friday, Wall Street was geared up towards a mildly positive trading day, with stock futures heading north ahead of what’s expected to be rather a solid American jobs report.
Futures for the Dow Jones Industrial Average edged up 0.1%, trading at 18,298, while those for the S&P 500 index managed to earn 0.1%, being worth 2,162.25. As for the Nasdaq 100 index, it grew 8 points, trading at 4,751.75.
The muted revenues follow a mostly flat close on Thursday, when traders brushed off aggressive monetary easing at the BoE and also took risk off the table ahead of July’s closely watched nonfarm payrolls report. Additionally, the S&P 500 index closed almost flat at 2,164.25. At the same time, the Dow average concluded the session close to break-even at 18,352.05.
The Nasdaq Composite Index is set for small revenues, while the two others are braced for losses.
For two last months, the nonfarm payrolls number has varied from 11,000 jobs added in May to about 287,000 in June, though financial experts are predicting a less impressive reading in July.