Stock futures are edging higher after the Senate voted to raise the debt limit, averting a default. Meantime, investors are awaiting the jobs report. Follow live markets updates
The Labor Department’s employment report has consistently topped expectations in recent months. Other gauges this week have suggested the job market remains strong.
Many investors believe labor-market tightness will pressure wages and force the Fed to resume policy tightening later in the summer.Futures for the Dow and S&P 500 futures both rose 0.5%, asdid contracts tied to the tech-heavy Nasdaq-100.Employers are expected to have added 190,000 jobs, downThe yield on the 10-year note was recently at 3.615%, compared with 3.607% Thursday.
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