Friday, September 2, 2016

Lukewarm Jobs Data May Bring In Relief Rally

The major U.S. index futures are pointing to a higher opening on Friday, with the soft non-farm payrolls report helping to re-ignite risk appetite on the premise that the labor market isn't that strong enough to warrant a near term Fed rate hike. That said, the data wasn't altogether weak, with payroll additions at a healthy 155,000 clip.

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