Friday, 5 June 2020 16:05 WIB
U.S. stock-index futures pointed to modest gains Friday, as investors look to a labor-market report that could reflect soaring unemployment even as the data signals a decelerating pace of job losses in coronavirus-stricken America.
Futures for the Dow Jones Industrial Average were up 102 points, or 0.4%, at 26,355, those for the S&P 500 were up 10 points, or 0.3%, at 3,120.75, while...
Friday, 5 June 2020 19:44 WIB
America labor market unexpectedly rebounded in May, signaling the economy is picking up faster than thought from the depths of the damage from the coronavirus pandemic.
Nonfarm payrolls rose by 2.5 million after a 20.7 million tumble the prior month that was the largest in records back to 1939, according to Labor Department data Friday. The jobless rate fell to 13.3% from...
Friday, 5 June 2020 19:13 WIB
Gold futures fell on Friday morning, amid a global rally in stocks that was dulling the appeal for the yellow metal.
August gold on Comex shed $18.70, or 1.1%, at $1,708.70 an ounce, nearly giving up all of its gains from the previous session.
Meanwhile, July silver lost 24 cents, or 1.3%, at $17.830 an ounce, after sinking 0.6% on Thursday.
For the week, gold is down 2.5%, while silver has...