U.S. stock index futures were slightly higher Friday as Wall Street looks set for a fifth straight day of gains, amid hopes of progress on trade talks between the U.S. and Mexico.
Investors will also be keeping a close eye to the latest nonfarm payrolls out of the U.S, which are due out during Europe's afternoon session.
The Dow Jones Industrial Average gained 181.09 points Thursday, bringing total gains for the week to more than 900 points and putting it on course for the best week of the year.were slightly higher Friday as Wall Street looks set for a fifth straight day of gains, amid hopes of progress on trade talks between the U.S. and Mexico.
At around 2.00 a.m. ET, Dow futures were up 35 points and indicated a positive open of around 52 points, while the S&P 500 and Nasdaq also edged higher. Investors will also be keeping a close eye to the latest nonfarm payrolls out of the U.S, which are due out during Europe's afternoon session. Economists polled by Reuters are forecasting that the U.S. will add 180,000 jobs during the course of May, yet if the figure is dramatically different to this, then this could impact the U.S. Federal Reserve's current thinking surrounding interest rates.
Meanwhile, talks between Washington and Mexican officials continued Thursday afternoon, with Mexican ambassador to the U.S. Martha Barcena Coqui telling CNBC that negotiations involved a "very good discussion."with Guatemala to stem the flow of undocumented migrants hoping to reach the U.S., Reuters reported Thursday.
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