Stock Futures Flat Ahead of Key Jobs Report After Recent Bond Yield Surge
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U.S. stock futures were little changed as traders awaited Friday's jobs report. Dow futures fell 15 points, S&P 500 and Nasdaq 100 futures dipped slightly.
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Investors coming off muted session Thursday. Dow down 10 points, S&P 500 and Nasdaq fell 0.1% each.
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Many hope softer jobs report will break fever in bond yields, which hit 16-year high this week.
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Dow turned negative on the year this week, headed for third straight week of losses. S&P 500 on pace for fifth consecutive losing week.
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Recent strikes unlikely to have major impact on September payrolls, says Vanguard's chief economist. Calling for 145,000 jobs added.