US PRE MARKET

The S&P 500 Futures are trading at 2,434.50 for up with +0.21% percent or +5.00 point. Other U.S. stock futures are higher in pre-market trading for Friday, June 02. The Dow Futures are trading at 21,203.00 for up with +0.34% percent or +71.00 point . The Nasdaq Futures are trading at 5,840.38 for up with +0.32% percent or +18.38 point.

FRIDAY’S FACTORS AND EVENTS

U.S. government debt prices were higher on Friday as investors prepared for the release of May’s jobs report.
The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was lower at around 2.204 percent, while the yield on the 30-year Treasury bond was also lower at 2.856 percent.

Friday will see nonfarm payrolls, unemployment rate data and average hourly wages for May posted at around 8:30 ET. Meanwhile, trade deficit data for April is also expected to be released at the same time.

The employment report is expected to show that gains were broad-based. Business and professional hiring, as well as construction and possibly manufacturing and retail — a recent area of weakness — are all expected to show improvement

THURSDAY’S ACTIVITY

U.S. market indexes were higher Thursday. For the day the Dow Jones Industrial Average closed at 21,144.18 for up with +0.65% percent or +135.53 point. The S&P 500 closed  at 2,430.06 for up with +0.76% percent or +18.26 point. The Nasdaq Composite closed at 6,246.83 for up with +0.78% percent or +48.31 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,396.06 for up with +1.89% percent or +25.85 point; the S&P 600 Small-Cap Index closed at 846.65 for up with +1.74% percent or +14.48 point; the S&P 400 Mid-Cap Index closed at 1,747.87 for up with +1.52% percent or +26.18 point; the S&P 100 Index closed at 1,069.74 for up with +0.64% percent or +6.83 point; the Russell 3000 Index closed at 1,439.05 for up with  +0.91% percent or +12.95 point; the Russell 1000 Index closed at 1,347.28 for up with  +0.83% percent or +11.09 point; and the Dow Jones U.S. Select Dividend Index closed at 21,144.18 for up with 0.65% percent or 135.53 point.

 

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,177.28 for up with +1.60% percent or +317.25 point. Hong Kong’s Hang Seng are trading at 25,924.05 for up with +0.44% percent or +114.83 point. China’s Shanghai Composite are trading at 3,105.54 for up with +0.09% percent or +2.92 point. India’s S&P BSE Sensex closed at 31,273.29 for up with  +0.44% percent or +135.70 point. In Europe, the FTSE 100 are trading at 7,566.69 for up with +0.30% percent or +22.92 point. Germany’s DAX are trading at 12,866.02 for up with +1.59% percent or 201.10 point. France’s CAC 40 are trading at 5,365.75 for up with +0.89% percent or +47.08 point. The Stoxx Europe 600 are trading at 394.34   for up with +0.68% percent or +2.70  point.