US futures rebound on healthy jobs report

Published on NewsOK Modified: December 7, 2012 at 8:06 am •  Published: December 7, 2012
Advertisement
;

NEW YORK (AP) — U.S. stock futures rose on a surprisingly strong jobs report Friday that showed the unemployment rate dropping and the nation adding 146,000 jobs in November.

Dow Jones industrial futures rose 64 points to 13,127. The broader S&P futures tacked on 5.2 points to 1,418.60. Nasdaq futures gained 12 points to 2,666.

The futures indicators had been lower before the report.

The unemployment rate fell to 7.7 percent from 7.9 percent, the lowest level since December 2008, when the recession took a nasty downward turn.

However, the Labor Department revised previously released numbers, saying that employers added 49,000 fewer jobs in October and September than initially estimated.


Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Hotel leaves Oklahoma City Thunder opponents telling ghost stories
  2. 2
    Check out the Thunder postseason playlist
  3. 3
    VIDEO: Blake Griffin dumps water on a fan
  4. 4
    Oklahoma City Thunder: Grizzlies guard Nick Calathes calls drug suspension unfair
  5. 5
    Dave Chappelle Reveals Shockingly Buff New Look
+ show more