Â
Sponsored by
NATIONAL NEWS
US futures rise with critical jobs report pending
Posted: Jul 2, 2012 5:31 AM by Associated Press
NEW YORK (AP) - U.S. stock futures are edging up on optimism about recently announced measures in Europe to stave off a debt crisis and hopes that interest rates there will be cut this week. But the gains are being tempered with more evidence of a slowdown in China.
Investors are also awaiting the U.S. jobs report set to be released Friday.
Dow Jones industrial average futures rose 14 points to 12,822 on Monday. Standard & Poor's 500 futures are up 2.1 points to 1,358.50 and Nasdaq futures gained 3.75 points to 2,613.50.
China's manufacturing grew at the slowest pace in seven months in June, according to a survey released over the weekend. That could signal limited power in Beijing to forestall a more rapid decline for the world's second largest economy.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at feedback@ksby.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
KSBY.COM VIDEOS
-
"Monster" reunited with owner after his cage was blown away during Oklahoma tornado
Views: 88 May 22, 2013 -
Joshua Hornsby mourns the loss of his young daughter killed in the Oklahoma tornado
Views: 22 May 22, 2013 -
Watch as a local meteorologist tracks the path of deadly tornado as it hits Moore, Oklahoma
Views: 272 May 21, 2013 -
Toddler who lost feet in lawnmower accident meets the dolphin famous for her prosthetic tail
Views: 55 May 20, 2013
Comments