The S&P 500 Futures is trading at 2,740.12  with a loss of -0.36% percent or -9.88 point.  Other U.S. stock futures lower in pre-market trading for  March 08. The Dow Futures is trading at 25,379.00  with a loss of -0.35% percent or -88.00 point.  The Nasdaq Futures is trading at 6,994.25 with a loss of -0.47%  percent or -33.25 point.


the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.6375 percent, while the yield on the 30-year Treasury bond was also higher at 3.0270 percent.

On the data front, nonfarm payrolls, unemployment rate and average hourly wages data for February will be released at around 8:30 a.m. ET.

Housing starts and building permits figures for January are both expected to follow later in the trading day.

There are no major Treasury bond auctions scheduled on Friday.

Elsewhere, oil prices slipped more than 1 percent amid heightened fears about a global economic downturn


For the day the Dow is trading at 25,473.23 with a loss of -0.78% percent or -200.23 point. The S&P 500 is trading at 2,748.93  with a loss of -0.81% percent or -22.52 point. The Nasdaq Composite is trading at 7,421.46  with a loss of -1.13% percent or -84.46  point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,523.63 with a loss of -0.86% percent or -13.19 point; the S&P 600 Small-Cap Index closed at 935.73 with a loss of -1.06% percent or -10.05 point; the S&P 400 Mid-Cap Index closed at 1,865.54  with a loss of -0.85% percent or -15.93 point; the S&P 100 Index closed at 1,212.88   with a loss of -0.84% percent or -10.26 point; the Russell 3000 Index closed at 1,624.06 with a loss of -0.80% percent or -13.05 point; the Russell 1000 Index closed at 1,524.29 with a loss of -0.79% percent or -12.18 point.

In overnight trading in the Eastern Hemisphere,  Japan’s Nikkei 225 is trading at 21,025.56  with a loss of -2.01% percent or -430.45 point. Hong Kong’s Hang Seng is trading at 28,280.93  with a loss of -1.73% percent or -498.52  point. China’s Shanghai Composite is trading at 2,978.24   with a loss of -4.13% percent or -128.18 point. India’s BSE Sensex is trading at 36,708.7  with a loss of -0.045% percent or -16.66 point at 12:15 PM.The FTSE 100 is trading at 7,093.50  with a loss of -0.89% percent or -64.05 point. Germany’s DAX is trading at 11,438.50  with  a loss of -0.69% percent or  -79.30 point. France’s CAC 40 is trading at 5,239.48   with a loss of -0.54% percent or -28.43 point. The Stoxx Europe 600 is trading at 371.14  with a loss of -0.73% percent or -2.74 point.