U.S. stock futures point to a Dow decline on Friday morning. But that could change when the government releases its monthly employment report.
2. Jobs reading is the big number for the market in a week of big numbers
Engines assembled as they make their way through the assembly line at the General Motors manufacturing plant in Spring Hill, Tennessee, August 22, 2019.with the unemployment rate holding steady at 50-year lows of 3.7%. However, two economic reports released earlier this week point to a slowdown in job growth. The Institute for Supply Manufacturing's sentiment measures for manufacturing and services came in well below expectations.
wrote, they fueled concern that the U.S. is heading either for a significant slowdown or even a recession.US President Donald Trump speaks to the press as he departs the White House in Washington, DC, for Florida on October 3, 2019.
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