Futures move sharply lower after weak jobs data

June 3, 2016 12:36 PM

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Futures move sharply lower after weak jobs data

U.S. stock futures fell sharply on Friday after weaker-than-expected May nonfarm payrolls data that raised concerns about the stability in the recovery of the economy.

Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010.

Also read: U.S. motor travel up 1.5 percent in April from year ago: DOT

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