Dow futures edge higher ahead of key monthly jobs report
Investing.com -- U.S. stock futures edged higher Friday ahead of the release of the much-anticipated monthly official jobs report, which could guide the Federal Reserve’s monetary bias for the rest of the year.
The main indices on Wall Street ended the prior session marginally in the red, and are set to mostly post losing weeks. The 30-stockIt's been a mixed week for jobs data, but the data points have generally pointed to a lingering resilience in U.S. labor market conditions, which could still impact inflation going forward.report, which is expected to show that the U.S.
This would be the largest tie-up for Exxon since it merged with Mobil in 1999 and all but crystallize its position as the West's key oil major.) has cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations.Oil prices edged higher Friday, but were on course for their steepest weekly decline for months on concerns of a global economic slowdown and the associated hit to fuel demand.
Official U.S. data this week showed a sharp build in gasoline stocks, indicating a decline in gasoline demand in the largest consumer in the world. The U.S. crude benchmark was down 9% this week, heading for its sharpest weekly loss since April, while the Brent contract was down more than 11%, on course to its sharpest weekly loss since March.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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