U.S. stock futures rise after hiring jumps more than forecast

INVESTORS SAW FRIDAY'S jobs report as being ideal for continued Federal Reserve stimulus actions - despite an increase in the number of people in jobs, with more people entering the labor force, the unemployment rate went up slightly in May. Early trading on the New York Stock Exchange looked like the markets would end up higher for the second day in a row. / BLOOMBERG NEWS FILE PHOTO/JIN LEE
INVESTORS SAW FRIDAY'S jobs report as being ideal for continued Federal Reserve stimulus actions - despite an increase in the number of people in jobs, with more people entering the labor force, the unemployment rate went up slightly in May. Early trading on the New York Stock Exchange looked like the markets would end up higher for the second day in a row. / BLOOMBERG NEWS FILE PHOTO/JIN LEE
NEW YORK - U.S. stock-index futures climbed, indicating a second day of gains for the Standard & Poor’s 500 Index, as investors weighed the Federal Reserve’s stimulus plans after data showed employment increased more than forecast in May and the jobless rate rose. Yum! Brands Inc. rose 1 percent after UBS AG recommended investors buy…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display