Stock futures rose slightly on Thursday.
Stock futures ticked up on Thursday evening ahead of a key jobs report as investors kept an eye on developments in the war in Ukraine.
Futures tied to the Dow Jones Industrial Average rose 53 points, or 0.2%. Those for the S&P 500 added 0.1%, while Nasdaq 100 futures moved up 0.2%. The moves come in advance of the Labor Department's February jobs report. Economists surveyed Dow Jones expect growth of 440,000 jobs and the unemployment rate to tick down to 3.9%. Hourly wages are projected to grow 5.8% year over year.
This is the last jobs report before the Federal Reserve's next meeting, where the central bank is expected to begin hiking interest rates.
The wage growth component of the report could a key data point as traders try to figure out the policy path for the path, Goodwin said.The war in Ukraine will also be at the front of investors' minds on Friday. Ukraine still holds its capital city Kyiv more than a week into the fighting, though reports of shelling have increased in other major cities.Meanwhile, economic sanctions from the U.S.
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