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Stock futures point to gains to start the week



Futures futures point to a higher start to the week on Wall Street.

This comes after a week when major US indices are rising at least 1.5 percent.

All three major markets point to an increase of 0.2 percent.

Investors studied the latest positions. The Labor Department said Friday that the United States added 130,000 jobs in August, which was less than the 158,000 projected by economists.

As expected, unemployment was 3.7 percent.

Ticker Security Last Change % Chg
In: DJI DOW JONES AVERAGES 26797.46 +69.31
+ 0.26%
] SP500 S&P 500 2978 19659014] +2.71 + 0.09%
I: COMP NASDAQ COMPOSITE INDEX 8103.074313 -13.75 [19659024] -0.17%

The Dow Jones Industrial Average ended up 0.3 percent on Friday, the S&P 500 rose 0.1 percent and weakness among technology companies pulled the technology-heavy Nasdaq Composite down 0.2 percent.

On Monday, Japan's Nikkei rose 0.5 percent, Hong Kong's Hang Seng traded little changed and China's Shanghai Composite rose 0.4 percent. [19659002] The Japanese government released revised economic growth data for the April-June quarter. [19659002] The Cabinet Office said that gross domestic product, or GDP – the total value of a nation's goods and services – had grown at an annual rate of 1.3 percent. This was slightly lower than the previous estimate of 1.8 per cent growth.

data showed that private demand had grown at a lower rate, but government investment had risen higher than the previous estimate.

Chinese customs data showed on Sunday that China's trade with the United States fell as the two sides prepared for negotiations with no signs of progress toward ending a customs war threatening global economic growth.

Imports of US goods fell 22 percent in August from a year earlier to $ 10.3 billion, while exports to the United States, China's largest market, fell 16 percent to $ 44.4 billion, according to the data.

The Associated Press contributed to this article.


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