US futures slide ahead of crucial jobs numbers
by The Associated Press
Jun 01, 2012 | 435 views | 0 0 comments | 1 1 recommendations | email to a friend | print
NEW YORK (AP) — U.S. stock futures are sliding ahead of a crucial monthly jobs report with new doubts sowed this week about what has been a slow yet steady economic recovery.

Dow futures are down 49 points to 12,430. The broader S&P 500 futures are down 5.6 points to 1,314.2. Nasdaq futures are down 8.25 points to 2,539.

The Labor Department will release the May employment report at 8:30 a.m. Eastern time. Economists expect that employers added 158,000 jobs. However, on Thursday, the government published surprisingly bad numbers, showing that people seeking unemployment benefits rose to a five-week high.

That may suggest companies are showing more reluctance to hire new workers.

Also on Friday, there are new reports on manufacturing, U.S. car sales and construction spending.
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