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.  

In stocks, the E.U. and U.K. have opened an antitrust investigation into whether Facebook Inc. used its classified-ads service Marketplace to repurpose advertiser data for its own illegal advantage.

AMC Entertainment CEO Adam Aron said in an interview with Trey’s Trades channel on YouTube that he would like to sell up to 25 million more shares. The sale, if approved, would not be allowed to happen until next year. Aron said AMC now has $2 billion in cash. 

Ford Motor Co. shares were higher for a second day and at a six-year high after the automaker said on Thursday that it plans to introduce an entry-level pickup truck to its lineup next week.