September 10, 2019 / By mobanmarket
Equity futures are pointing to a higher start to the week on Wall Street.
Continue Reading Below
This comes after a week that saw the major U.S. indexes rise at least 1.5 percent.
All three major markets are pointing to a rise of 0.2 percent.
Investors studied the latest job numbers. The Labor Department said Friday that the U.S. added 130,000 jobs in August, slightly short of the 158,000 projected by economists.
The unemployment rate, as expected, remained at 3.7 percent.
Advertisement
| Ticker | Security | Last | Change | %Chg |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 26797.46 | +69.31 | +0.26% |
| SP500 | S&P 500 | 2978.71 | +2.71 | +0.09% |
| I:COMP | NASDAQ COMPOSITE INDEX | 8103.074313 | -13.75 | -0.17% |
Dow Jones Industrial Average ended Friday up 0.3 percent, the S&P 500 rose 0.1 percent and weakness among technology companies dragged the tech-heavy Nasdaq Composite down 0.2 percent.
On Monday, Japan's Nikkei ended the day agianing 0.56 percent, Hong Kong's Hang Seng traded little changed and China's Shanghai Composite finished up 0.8 percent.
The Japanese government released revised economic growth data for the April-June quarter.
The Cabinet Office said gross domestic product, or GDP — the total value of a nation's goods and services — had grown at an annual rate of 1.3 percent.That was slightly lower than the earlier estimate for 1.8 percent growth.
The data showed that private demand had grown at a slower rate but government investment had risen higher than the earlier estimate.
Click Here: cheap shoe stores
Chinese customs data showed Sunday that China's trade with the United States was falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth.
CLICK HERE TO READ MORE ON FOX BUSINESS
Imports of American goods tumbled 22 percent in August from a year earlier to $10.3 billion, while exports to the United States, China's biggest market, sank 16 percent to $44.4 billion, according to the data.
European markets are mixed as data showed a surprise rise in German exports. Germany's DAX added 0.1 percent, London's FTSE was down 0.1 percent and France's CAC was off 0.1 percent.
The Associated Press contributed to this article.
Categories: News