The U.S. equity futures slightly increased on Sunday evening as the investors saw forward to the key inflation.
Futures tied to S&P 500 increased by 0.2% and those tied to Dow Jones increased by 62 points which is an increase of 0.2%, Nasdaq 100 futures did not increase or decrease, they were flat.
On Thursday, the big averages increased toward the end of the holiday. Speaking about a weekly gain, only the Dow increased. Dow increased by 0.6% while S&P 500 decreased by 0.1% and the Nasdaq composite decreased by 1.1%.
Nonfarm payrolls increased by 236,000 for the month, which is at par with the estimate of Dow Jones which is 238,000.
Unemployment decreased by 3.5%.
“As such, the odds of another quarter-point rate hike in May should go higher as the data does not appear to justify a Fed pause,” Jason Pride said.
The futures which are connected to the major averages started high on Sunday evening.
Dow Jones Industrial increased by 52 points which are 0.15%. S&P 500 futures increased by 0.16% and Nasdaq 100 futures increased by 0.02%.
The S&P 500 and Nasdaq posted losses on Thursday. Dow posted gains. The S&P 500 decreased by 0.1%, it finished at 4,105.02, Nasdaq decreased by 1.1% which is 12,087.96. The 30-stock Dow increased 0.6% and closed at 33,485.29.
- Published By Team Nation Press News