(Reuters) – U.S. stock index futures extended gains on Thursday after a stronger-than-expected June jobs report eased concerns about the health of the labor market despite uncertainties about U.S. trade policies.
A Labor Department report showed the U.S. economy added 147,000 jobs in June, compared with economists’ estimate of a rise of 110,000.
The unemployment rate stood at 4.1%, compared with expectations of 4.3%, while average earnings rose 0.2% on a monthly basis against a forecast of 0.3% growth.
At 08:33 a.m., Dow E-minis were up 95 points, or 0.21%, S&P 500 E-minis were up 14 points, or 0.22%, and Nasdaq 100 E-minis were up 60 points, or 0.26%.
(Reporting by Nikhil Sharma in Bengaluru; Editing by Pooja Desai)
Brought to you by www.srnnews.com