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home / news releases / IMO:CC - Stocks Little Changed Ahead of Jobs Report


IMO:CC - Stocks Little Changed Ahead of Jobs Report

Stock futures fell slightly Friday morning as investors looked ahead to a key U.S. jobs report.

Futures for the Dow Jones Industrials lost 42 points, or 0.1%, to 36,476.

Futures for the S&P 500 slid six points, or 0.1%, at 4,634.50.

Futures for the NASDAQ 42.5 points, or 0.3%, to 16,202.25.

The report is slated for release at 8:30 a.m. ET. Economists polled by Dow Jones expect 190,000 jobs were added in November.

Investors have been focused on jobs data, with several reports sprinkled throughout the week leading up to Friday's numbers. Initial jobless claims reported on Thursday came in at 220,000, while continuing claims came in at 1.861 million.

Stocks have mostly struggled this week, with the Dow losing 0.4% and the S&P 500 falling 0.2% — putting both benchmarks on track to break their five-week win streak. The NASDAQ climbed back into positive territory for the week. It's currently higher by 0.2%, and if it stays in the green, it could post a sixth straight winning week.

In Japan, the Nikkei 225 tumbled 1.7% Friday, while in Hong Kong, the Hang Seng Index gave back 0.1%.

Oil prices gushed $1.40 to $70.74 U.S. a barrel.

Gold prices submerged $1.40 to $2,045.00 U.S. an ounce.

Stock Information

Company Name: Imperial Oil Limited
Stock Symbol: IMO:CC
Market: TSXC
Website: imperialoil.ca

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