Thursday, 2 July 2020 16:49 WIB
Futures contracts tied to the major U.S. stock indexes rose early Thursday as investors awaited two closely watched jobs reports on the week's final day of trading ahead of the July Fourth holiday.
Dow Jones Industrial Average futures indicated an opening gain of more than 200 points. S&P 500 futures and Nasdaq-100 futures also traded in positive territory.
The premarket moves Thursday...
Wednesday, 1 July 2020 19:33 WIB
Employment in the US' private sector rose by 2,369,000 in June, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday.
This reading followed May's decline of 3,065,000 (revised from -2,760,000) and came in worse than the market expectation for an increase of 3 million.
Commenting on the data, ''Small business hiring picked up in the month of...
Thursday, 2 July 2020 15:17 WIB
The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping sentiment.
Against a basket of currencies, the greenback is on track for its biggest weekly drop in a month, of 0.4%. However, it could swing in either direction depending on U.S. jobs data due at...