Markets Are Starting June On A Positive Note Ahead Of A Crucial Employment Report Set For Release Friday Morning
U.S. stock futures are higher. Stock futures are higher as gains last Friday wrapped up another positive month for U.S. equities. The S&P 500 finished May up 4.8%, despite some downside volatility at the end of the month. Markets are starting June on a positive note, ahead of a crucial employment report set for release on Friday morning. The report is expected to show that the U.S. economy added 195,000 jobs in May, an increase from the 175,000 jobs added in April. Shortly after the opening bell, the ISM Manufacturing Index data will be released. The release comes as some other economic indicators have pointed signs of cooling in the economy. Treasury yields are dipping on the long end of the curve. Global equities are mostly positive, with Asian markets closing mostly higher. Gold prices are gaining, crude prices are lower, and the U.S. Dollar is holding steady.
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