Stock futures delete gains after a sharp slowdown in May working growth By Reuters
© Reuters. Traders working on the NYSE floor in New York 2/2
(Reuters) – US stock index futures achieved gains on Friday after the data showed that domestic growth grew sharply in May, and wages rose less than expected and to concerns over the pace of economic growth.
US employers added 75,000 jobs in May, while economists asked by Reuters had expected wage settlements of 1[ads1]85,000 jobs, suggesting that the loss of economic activity spread to the labor market.
Monthly wage growth remained moderate, with average hourly wage growth rising six cents, or 0.2%, following a similar gain in April.
At 08:36, ET was down 4 points, or 0.02%. was up 1 point, or 0.04% and was up 6.25 points, or 0.09%.
Minutes before the release, e-minis was up 65 points or 0.25%. e-minis was up 8 points or 0.28% and e-minis was up 24.75 points, or 0.34%.
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