Stock Market Today: Dow futures dip ahead of November jobs report

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How are stock-index futures trading:

Dow Jones Industrial Average futures fell 13 points, or 0.03%, to 44,854

S&P 500 futures fell 2 points, or 0.03%, to 6.087

Nasdaq 100 futures increased 14 points, or 0.07%, to 21,486

On Thursday, the Dow Jones Industrial Average fell 248 points, or 0.55%, to 44,766, the S&P 500 declined 11 points, or 0.19%, to 6,075, and the Nasdaq Composite dropped 34 points, or 0.17%, to 19,701.

Stock futures dipped on Friday morning as investors readied themselves for publication of the Bureau of Labor Statistics November jobs report, which is expected to show a rebound in employment from last month when numbers were impacted by strikes and hurricanes.

The S&P 500 index closed lower on Thursday, in what appeared to mark the end of a minor rally that has seen the stock index make gains in 11 of the past 12 trading sessions. The Magnificent Seven mega cap stocks, nonetheless, hit new record highs in Thursday’s session.

In Europe, the Stoxx 600 index finished higher for the sixth consecutive session, in the face of political turmoil in France following the ousting of prime minister Michel Barnier through a no-confidence vote on Wednesday.

Alongside the jobs report, investors will now be watching out for the University of Michigan’s preliminary consumer sentiment index for December. The Fed’s Bowman, Goolsbee, Hammack and Daly are also set to speak.

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