TJM Institutional Services director Jim Iuorio and The Fitz-Gerald Group principal Keith Fitz-Gerald on their outlooks for the market. ADP chief economist Nela Richardson discusses the April jobs report.
U.S. equity futures lost steam following a big miss for the April jobs report.Â
Dow futures dipped into the red, while S&P and Nasdaq futures held steady.Â
Investors may now be looking at another choppy session after a rebound Thursday pushed the Dow Jones Industrial Average to a fresh record.Â
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 34548.53 | +318.19 | +0.93% |
| SP500 | S&P 500 | 4201.62 | +34.03 | +0.82% |
| I:COMP | NASDAQ COMPOSITE INDEX | 13632.841845 | +50.42 | +0.37% |
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The Labor Department said the U.S. economy added just 266,000 jobs well below the 978,000 forecasts. Still, this marks the fourth straight month of gains and the highest since August.
The unemployment rate unexpectedly jumped to 6.1%.
