U.S. stock futures edged higher on Thursday evening after a positive regular trading session, as investors looked ahead to a key jobs report due tomorrow. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.12%, 0.01%, and 0.06%, respectively, at 6:41 p.m. EDT on September 4.
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All three major indices climbed on Thursday. The S&P 500, the Dow, and the Nasdaq Composite rose 0.83%, 0.77%, and 0.98%, respectively. Further, they are on pace to post gains for the week.
The market is looking forward to Friday’s nonfarm payrolls data with expectations that a softer jobs report would strengthen the case for a Federal Reserve interest rate cut. Currently, economists are forecasting an increase of 75,000 nonfarm payrolls for August. Also, the U.S. unemployment rate is due for release tomorrow.
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