REFILE-US STOCKS SNAPSHOT-US stock index futures extend gains after April payrolls data

ReutersMay 2, 2025 12:44 PM

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May 2 (Reuters) - U.S. stock index futures extended gains after a stronger-than-expected jobs report calmed worries over the health of the labor market amid tensions of a global trade war.

A Labor Department report showed nonfarm payrolls increased 177,000 in April, compared with estimates for a rise of 130,000, according to economists polled by Reuters.

The unemployment rate stood at 4.2%, in line with a forecast of 4.2%.

At 08:30 a.m. ET, Dow E-minis YMcv1 were up 299 points, or 0.73%, S&P 500 E-minis EScv1 were up 42.25 points, or 0.75%, and Nasdaq 100 E-minis NQcv1 were up 139.5 points, or 0.70%.

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