U.S. stock futures surge on better-than-expected jobs report

July 8, 2016 12:49 PM

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U.S. stock futures surge on better-than-expected jobs report

U.S. stock futures turned sharply higher early Friday after the closely watched jobs report showed that 287,000 jobs were created in June.

Futures for the Dow Jones Industrial Average jumped 128 points, or 0.7%, to 17,937, those for the S&P 500 gained 15.25 points, or 0.7%, to 2,107, while the Nasdaq-100 futures rose 25 points, or 0.6%, to 4,477. The strength of the report helped to assuage investors’ concerns that the employment pictu...

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