Stock futures rise after jobs data, unemployment rate dip
U.S. stock futures were modestly higher Friday morning as traders digested the May jobs report.
Dow Jones Industrial Average futures were higher by 75 points, or 0.22%, while S&P 500 futures and Nasdaq 100 futures edged up 0.3% and 0.38%, respectively.
May nonfarm payrolls showed the U.S. economy added 559,000 jobs last month, lighter than expected, as the unemployment rate slipped to 5.8%, a fresh pandemic low.
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