Dow Jones Futures: Jobs Report Looms Large As Yields Soar; Meta Leads 7 Resilient Stocks


Source: investors.com investors.com

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Dow Jones futures edged lower early Friday, along with S&P 500 futures and Nasdaq futures. The June jobs report looms large. X The stock market rally retreated Thursday as strong economic data sent Treasury yields soaring, though indexes pared morning losses somewhat. The ADP Employment Report estimated private payrolls skyrocketed 497,000 in June, more than double forecasts. The ISM services sector index rose more than expected. Initial jobless claims rose modestly, but the four-week average fell while continuing claims slipped. Announced layoff plans declined significantly last month. Meta Platforms (META) held up well as its Threads app grabbed 30 million...