Offbeat: Dow set to fall by over 200 points at the open ahead of unemployment figures - PressFrom - US
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OffbeatDow set to fall by over 200 points at the open ahead of unemployment figures

12:40  07 december  2018
12:40  07 december  2018 Source:   cnbc.com

US stocks under pressure as trade war concerns resurface

US stocks under pressure as trade war concerns resurface U.S. stock index futures fell into the red ahead of Tuesday's open. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Around 4:15 a.m. ET, Dow futures rose 8 points, but indicated a negative open of -25.24 points. Futures on the S&P 500 were indicating a downbeat open of -4.70 points, while Nasdaq futures signaled a negative open of -20.84 points. The moves in U.S.

U.S. stock-market indexes jumped on Friday, with the Dow finishing with a gain of more than 200 points following a May jobs report surpassed expectations. The U.S. labor market remains strong with 223,000 new jobs created in May, while the unemployment rate fell to an 18-year low of 3.8%.

Just ahead of the opening bell, a moment of silence to observe the death of South African peace activist Nelson Mandela was held on the floor of the New York Stock Exchange. He died late Thursday at the age of 95. Stocks' gains Friday were the first in five straight sessions of declines for the Dow

Dow set to fall by over 200 points at the open ahead of unemployment figures© Provided by CNBC LLC Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 30, 2018.

U.S. stock index futures were sharply in the red ahead of Friday's open.

At around 3 a.m. ET, Dow futures slipped 162 points, indicating a negative open of 213.67 points. Futures on the S&P 500 were pointing to a negative open of 17.5 points, while Nasdaq futures signaled the index will open 46.5 points lower.

Stocks rebounded on Thursday after media reports that the Federal Reserve could tighten monetary policy at a slower-than-expected pace. Earlier, the session saw deep falls on the back of concerns regarding U.S.-China relations.

Wall Street set for an upbeat open as Fed Chair speech looms; trade in focus

Wall Street set for an upbeat open as Fed Chair speech looms; trade in focus U.S. stock index futures posted solid gains ahead of Wednesday's open. Around 4:05 a.m. ET, Dow futures popped 70 points, indicating a positive open of 71.27 points. Futures on the S&P 500 were indicating an upbeat open of 5.43 points, while Nasdaq futures signaled an open of 15.46 points up. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); U.S.

Unemployment or joblessness is the situation of actively looking for employment but not being currently employed. The unemployment rate is a measure of the prevalence of unemployment and

The Dow fell over 200 points at Wall Street’s open Monday morning, following Standard & Poor’s recently announced downgrade of U.S. debt. At about 10:30 a.m. the Dow Jones Industrial Average sank more than 300 points , down about 3 percent. S&P dropped 42 points or 3.5 percent and

The Wall Street Journal reported the central bank is considering whether to signal a wait-and-see approach to rate hikes at its upcoming meeting this month. The report said Fed officials do not know what their next move on rates will be after December. As a result, The Dow Jones Industrial Average closed 79.40 points lower at 24,947.67 after plunging nearly 800 points earlier in the day.

On the data front, investors will be keeping a close watch on nonfarm payrolls, a key metric for Fed policy, due at 8.30 ET. At the same time, there will also be unemployment numbers.

In corporate news, the earnings calendar is thin, with only Vail Resorts due to report before the bell.

Forbes' double-double fuels Spurs by Suns 111-86.
Bryn Forbes had a season-high 24 points and a career-best 11 rebounds as the San Antonio Spurs beat the Phoenix Suns 111-86 on Tuesday night. San Antonio has won three straight halfway through a six-game homestand. LaMarcus Aldridge added 18 points in 25 minutes. He sat out the fourth quarter with San Antonio leading by as many as 25 points. Phoenix, which was without leading scorer Devin Booker for the fifth straight game, never led while falling to 4-24. BOX SCORE: SPURS 111, SUNS 86 T.J. Warren led the Suns with 23 points and De'Anthony Melton added 17.

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