Futures turn positive on moderate job growth in September

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[October 04, 2019]  (Reuters) - U.S. stock index futures turned positive on Friday after data showed a moderate increase in job growth in September, with the unemployment rate dropping to near a 50-year low, diminishing worries of a sharp slowdown in the world's largest economy.

 

At 8:35 a.m. ET, Dow e-minis <1YMcv1> were up 70 points, or 0.27%. S&P 500 e-minis <EScv1> were up 6.25 points, or 0.21% and Nasdaq 100 e-minis <NQcv1> were up 27.75 points, or 0.36%.

Moments before the data, Dow e-minis <1YMcv1> were down 71 points, or 0.27%. S&P 500 e-minis <EScv1> were down 9.75 points, or 0.33% and Nasdaq 100 e-minis <NQcv1> were down 21 points, or 0.27%.

(Reporting by Medha Singh in Bengaluru; Editing by Arun Koyyur)

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