U.S. stock futures traded mostly flat in early pre-market trade ahead of the much-awaited jobs report for August. U.S. stocks closed mostly higher, with the Dow Jones adding around 146 points on Thursday after all the three major indices notched their weakest August performance since 2015.
U.S. jobs cut report for August is scheduled for release at 8:30 a.m. ET. Analysts expect a rise of 293,000 jobs for August, compared with a 528,000 increase in July. Average hourly earnings, which increased rose 0.5% on the month in July, are expected to rise 0.4% in August. The country’s unemployment rate might remain unchanged at 3.5% during August.
Data on factory orders for July will be released at 10:00 a.m. ET, while the Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m.
Futures for the Dow Jones Industrial Average …