Stock futures are little changed as investors brace for big payrolls report: Live updates
Stock futures were slightly lower Thursday evening as January’s big jobs report loomed. Futures tied to the Dow Jones Industrial Average lost 3 points, or 0.01%. S&P 500 futures and Nasdaq 100 futures were both near the flatline. In extended trading, Amazon tumbled 4%. Guidance from the e-commerce giant disappointed investors, as Amazon called for revenue growth of 5% to 9% in the first quarter — its weakest growth on record. The outlook overshadowed top- and bottom-line beats in the fourth quarter. During Thursday’s main trading session, the S&P 500 rose about 0.4%, and the Nasdaq Composite added 0.5%. It marked the third winning session in a row for the two indexes. The Dow underperformed, dipping roughly 0.3%. All three major averages are on track to finish the week with modest gains. The S&P 500 is on pace for a 0.7% advance, while the Nasdaq is tracking for a 0.8% jump during the period. The Dow is lagging, with a week-to-date climb of about 0.5%. Stocks have managed to rebound from Monday’s sell-off, which came after President Donald Trump over the weekend announced 10% tariffs on China. He agreed to pause 25% levies on Canada and Mexico. The Trump administration will pose a “wild card” for the market, BD8 Capital Partners CEO Barbara Doran said Thursday on CNBC’s “Closing Bell: Overtime.” “There’s going to be add[ed] volatility in the market, particularly with valuations where they are in general for the market,” she said. — news from CNBC