US futures see little movement after record highs

Print
Email
|

Associated Press

Posted on May 6, 2013 at 8:07 AM

Updated Monday, May 6 at 9:02 AM

NEW YORK (AP) — U.S. stock market futures are barely budging, as traders seem ready to pause after sending major indexes record highs following a positive jobs report last week.

With few major companies posting earnings and no significant economic data due Monday, Dow Jones industrial average futures are up 1 point to 14,899. S&P 500 futures are down .50 to 1,608. Nasdaq 100 futures gained 3 points to 2,938.

The Labor Department said Friday that U.S. employers added 165,000 workers last month and many more in February and March than previously estimated. The 7.5 percent unemployment rate is the lowest in four years.

Overseas markets are mixed. Most Asian markets rode Friday's U.S. momentum to close higher, but stocks in Europe gave ground after initially trading higher.

Print
Email
|