Advertisement
UK markets close in 6 hours 1 minute

  • FTSE 100

    8,089.81
    +49.43 (+0.61%)
     

  • FTSE 250

    19,720.24
    +0.87 (+0.00%)
     

  • AIM

    755.26
    +0.57 (+0.08%)
     

  • GBP/EUR

    1.1673
    +0.0028 (+0.24%)
     

  • GBP/USD

    1.2519
    +0.0056 (+0.45%)
     

  • Bitcoin GBP

    51,171.54
    -1,929.59 (-3.63%)
     

  • CMC Crypto 200

    1,364.84
    -17.74 (-1.28%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    82.86
    +0.05 (+0.06%)
     

  • GOLD FUTURES

    2,338.80
    +0.40 (+0.02%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,988.70
    -100.00 (-0.55%)
     

  • CAC 40

    8,051.85
    -40.01 (-0.49%)
     
Property:

How to sell your home

Top tips from property investors

US STOCKS-Futures lower ahead of July jobs data

Reuters - UK Focus

* Futures down: Dow 22 pts, S&P 3 pts, Nasdaq 6 pts

By Tanya Agrawal

Aug 7 (Reuters) - U.S. stock index futures were slightly lower on Friday ahead of the July payrolls report, a key data point that could feed into the U.S. Federal Reserve's decision on when to increase rates.

* The number of U.S. jobs is expected to have risen by 223,00 in July, on par with June, providing further sign of an improving economy that could allow the Fed to raise interest rates in September. The data is expected at 8:30 a.m. ET (1230 GMT).

* The Fed has said it will raise rates only when it sees a sustained recovery in the economy.

ADVERTISEMENT

* Wall Street ended sharply lower on Thursday as weak earnings reports from media companies stirred fears that more viewers are ditching cable TV, dragging the sector to its worst two-day loss since the financial crisis.

* Earnings announcements scheduled for Friday include those from Berkshire Hathaway (Sao Paolo: BERK34.SA - news) , Cablevision Systems and Groupon (NasdaqGS: GRPN - news) .

* With about three-quarters of the S&P 500 companies having reported, second-quarter earnings are estimated to have increased 1.6 percent while revenues are projected to have fallen 3.4 percent, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data.

* Nvidia (Swiss: NVDA.SW - news) 's shares were up 10.1 percent at $22.52 in premarket trading, a day after the chipmaker reported a surprise rise in second-quarter revenue.

* JD.com was up 1.2 percent at $33.20 after China's second largest e-commerce site by sales, reported a 61 percent year-on-year rise in second quarter revenues, topping expectations.

Futures snapshot at 6:58 a.m. ET:

* S&P 500 e-minis were down 2.75 points, or 0.13 percent, with 81,574 contracts traded.

* Nasdaq 100 e-minis were down 6.25 points, or 0.14 percent, on volume of 14,623 contracts.

* Dow e-minis were down 22 points, or 0.13 percent, with 11,090 contracts changing hands. (Reporting by Tanya Agrawal; Editing by Saumyadeb Chakrabarty)