قالب وردپرس درنا توس
Home / Business / US futures rise as the Wall Street rally continues; Order data in focus

US futures rise as the Wall Street rally continues; Order data in focus



US. The stock index futures were higher on Friday as Wall Street is expected to win a fifth consecutive day of positive open of around 78 points, given the hope for progress in US-Mexico trade talks, while the S & P 500 and Nasdaq also ticked higher.

Investors will also keep an eye on the latest US non-farm payrolls expected during the afternoon session in Europe. Economists polled by Reuters predict that the US may create 180,000 new jobs during the month of May. However, if the numbers differ dramatically, it could affect the US Federal Reserve's current interest-rate thinking.

In the meantime, it is being talked about Government officials from Washington and Mexico continued Thursday afternoon. Martha Barcena Coqui, Mexican Ambassador to the US, told CNBC that the negotiations included a "very good discussion".

Mexico has also agreed to send its National Guard to the Guatemalan border to stem the flow of undocumented migrants seeking to reach the US, Reuters reported Thursday.

Markets will follow Friday's ongoing talks after stocks reached their high on Thursday, after the US had considered delaying the introduction of a 5% duty on Mexican imports expected to come into effect on Monday.

The Dow Jones Industrial Average gained 1

81.09 points over the week to over 900 points on Thursday and is on course for the best week of the year. The S & P 500 gained 0.61% and the Nasdaq Composite 0.53%.

By data, the unemployment rate in May, non-farm payroll and average hourly wages are published on Friday at 8.30 am ET. In the meantime, wholesale data for April will be released at 22:00 CET and consumer credits at 15:00 CET.

There are no announcements about corporate profits.

Follow CNBC International on and Facebook.


Source link