U.S. equity futures are trading lower after the better than expected monthly nonfarm jobs report.
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Wall Street reopens to trading on Friday following a record setting session and the July 4th holiday.
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The June employment report reported 224,000 new nonfarm jobs were created, topping the estimate for 160,000.
The May numbers were revised lower by 3,000 to 72,000.
U.S. stocks traded higher on Wednesday lifting the Dow Jones Industrials, the S&P 500 and the Nasdaq to new records.
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Dow Jones Industrial futures are lower by 0.2 percent, , S&P 500 futures are down 0.3 percent and Nasdaq futures are lower by 0.4 percent.
In Asian markets on Friday, China's Shanghai Composite added 0.2 percent on the day and 1.1 percent for the week. Hong Kong's Hang Seng traded lower by 0.1 percent, but up 0.8 percent for the week. Japan's Nikkei rose by 0.2 percent and added 2.2 percent for a fifth straight week of gains.
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In Europe, London's FTSE slipped 0.4 percent, Germany's DAX is down 0.5 percent and France's CAC was down 0.3 percent.
https://www.foxbusiness.com/markets/us-stocks-wall-street-july-5-2019
2019-07-05 12:40:38Z
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