Ahead of payrolls, stock futures signal dip
By Staff Reporter | May 04, 2012 06:21 AM EDT
Stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.12 percent, Dow Jones futures down 0.06 percent and Nasdaq 100 futures down 0.04 percent at 4:50 a.m. EDT (0850 GMT).
European shares were down around 0.8 percent in morning trade, ahead of a potentially tumultuous weekend for European politics where France and Greece have elections.
All eyes will be on the U.S. monthly payrolls figures, due at 1230 GMT. Employers likely increased hiring in April to add 170,000 workers to their payrolls, according to a Reuters survey of economists, up from March's meager print of 120,000, while the rise might not be enough to lower the country's 8.2 percent jobless rate.
After the closing bell, LinkedIn Corp
United Parcel Service
Kraft Foods Inc's
Bank of America Corp
Fruit and fresh vegetable distributor Dole Food Co Inc
Cablevision Systems Corp
Bailed-out insurer American International Group
Toy maker LeapFrog Enterprises Inc
Spiraling development and operational costs nearly wiped off Thompson Creek Metals Co Inc's
Audio technology licensor Dolby Labs Inc
Wastewater management company Heckmann Corp
U.S. stocks fell on Thursday as economic data sent mixed signals on the recovery a day before the April payrolls report, while shares of Green Mountain
The Dow Jones industrial average <.dji> dropped 61.98 points, or 0.47 percent, to 13,206.59 at the close. The Standard & Poor's 500 Index <.spx> fell 10.74 points, or 0.77 percent, to 1,391.57. The Nasdaq Composite Index <.ixic> lost 35.55 points, or 1.16 percent, to 3,024.30.
(Reporting by Blaise Robinson. Editing by Jeremy Gaunt.)
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