Dow Futures Decline Ahead of Key Jobs Report


Stock Markets 3 hours ago (Oct 06, 2022 07:22PM ET)

Dow Futures Decline Ahead of Key Jobs Report © Reuters.

By Oliver Gray – U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark indices extended declines during regular trade as investors await Friday’s key jobs data for further clues into the path of future interest rate hikes from Federal Reserve policymakers.

By 7:10pm ET (11:10pm GMT) dipped 0.1%, fell 0.2% and lost 0.3%.

In extended deals, Levi Strauss (NYSE:) lost 5.5% after the company Q3 EPS of $0.40, above estimates of $0.37, while revenue came in at $1.52 billion versus $1.6 billion expected.

Advanced Micro Devices Inc (NASDAQ:) also shed 4% after the company warned that Q3 revenues would be lower than previously expected.

Ahead in Friday’s session, market participants will be closely watching September’s report, with expectations of a 250K increase, while is expected to hold steady at 3.7%.

During Thursday’s regular session, the fell 346.9 points or 1.2%, to 29,926.9, the lost 1% to 3,744.5 and the fell 75.3 points or 0.7% to 11,073.3.

On the bond markets, rates were at 3.828%.

Related Articles


Your email address will not be published. Required fields are marked *