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U.S. Stocks May Give Back Ground As Strong Jobs Data Renews Rate Hike Concerns

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Stocks may move to the downside in early trading on Friday, giving back ground after moving notably higher over the two previous sessions. The major index futures are currently pointing to a modestly lower open for the markets, with the S&P 500 futures down by 0.2 percent.

The futures slipped following the release of a closely watched Labor Department report showing much strong-than-expected U.S. job growth in the month of August.

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