NEW YORK (AP) — Stock futures are inching higher, continuing a rally ahead of the government’s monthly employment report.
Moves are modest Friday because traders don’t typically make big bets before such an important reading on the nation’s economy. Stocks have surged over the past two days after some encouraging reports on manufacturing and housing.
Continuing the rally into the long holiday weekend hinges on whether there are signs of improvement in the jobs market. The unemployment rate is expected to have climbed to 9.6 percent in August from 9.5 percent in July.
Dow Jones industrial average futures are up 8, or 0.1 percent, at 10,317. S&P 500 futures are up 1, or 0.1 percent, at 1,091, while Nasdaq 100 futures are up 5, or 0.3 percent, at 1,842.
