Yahoo Finance Stocks- U.S. Futures Rise after Latest Jobs Report
Investing.com – U.S. futures pointed to a higher opening bell on Monday, as investors remained upbeat from last week’s job report.
The S&P 500 futures rose 10 points or 0.38% to 2,773.50 as of 6:47 AM ET (10:47 GMT) while Dow futures increased 109 points or 0.45% to 24,565.0. Meanwhile tech heavy Nasdaq 100 futures gained 28 points or 0.49% to 7,262.25.
Markets were pushed higher after the U.S. added 213,000 jobs in June, more than expected.
Netflix (NASDAQ:NFLX) was among the top gainers in pre-market trading, rising 1.26% while semiconductor Micron Technology Inc (NASDAQ:MU) gained 1.54% and Tesla (NASDAQ:TSLA) rose 0.67% after it raised prices on its cars in China. Discount coupon firm Groupon Inc (NASDAQ:GRPN) surged 11.009% after reports that it is looking for a buyer.
Elsewhere AT&T (NYSE:T) was down 1.10% while Top Ships Inc (NASDAQ:TOPS) fell 4.83% and Procter & Gamble Company (NYSE:PG) decreased 0.29%.
In economic news, consumer credit comes out at 3:00 PM ET (19:00 GMT).
Meanwhile Minneapolis Fed President Neel Kashkari will speak at the Creating the Opportunity for Choice conference in Prior Lake, Minnesota, while U.S. President Donald Trump is expected to announce his nominee choice for the Supreme Court justice to replace retiring judge Anthony Kennedy.
In earnings news, retailer Helen of Troy Ltd (NASDAQ:HELE) is releasing its financial results before the morning bell.
In Europe stocks were up. Germany’s DAX rose 38 points or 0.31% while in France the CAC 40 increased 36 points or 0.67% and in London, the FTSE 100 was up 33 points or 0.44%. Meanwhile the pan-European Euro Stoxx 50 gained 18 points or 0.53% while Spain’s IBEX 35 surged 47 points or 0.48%.
In commodities, gold futures rose 0.72% to $1,264.90 a troy ounce while crude oil futures decreased 0.22% to $73.64 a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, was down 0.18% to 93.59.
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