Investors focus their attention on more jobs data due out Friday morning.
Stock futures rose Thursday evening as investors focus their attention on more jobs data due out Friday morning.
Futures tied to the Dow Jones Industrial Average were up about 78 points. S&P 500 futures and Nasdaq 100 futures were both higher by 0.3%. In regular trading Thursday, all three major indexes snapped two-day losing streaks, putting them on pace for a winning week. The Dow added 435.05 points, or 1.3%. The S&P 500 gained 1.8% and the Nasdaq Composite advanced 2.7%.
Thursday's gains pushed the major averages into the green for the week. The S&P 500 is up 0.5% and headed for a second positive week in a row. Trading was choppy at the start of trading Thursday with investors divided on recession calls and if the Federal Reserve may be positioned to take a break from its interest rate hikes. Fed Vice Chair Lael Brainard on Thursday told CNBC it'sInvestors were also digesting employment data released by ADP in the morning, which showed theBut stocks rallied into the close, finishing near session highs, as investors saw value in tech shares and other beaten-down names in this year's pullback.
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