US stock futures extend gains after April non-farm payrolls data

BY Reuters | ECONOMIC | 05/08/26 08:39 AM EDT

May 8 (Reuters) - U.S. stock index futures extended gains on Friday after a stronger-than-expected jobs report signaled resilience in the labor market and eased concerns about a slowdown in the U.S. economy.

A Labor Department report showed the U.S. economy added 115,000 jobs last month, compared with the economists' estimates for a rise of 62,000. The unemployment rate stood at 4.3%, compared with expectations of 4.3%.

At?08:33 a.m., Dow E-minis were?up?207?points, or?0.42%, and S&P 500 E-minis were?up?43.5?points, or?0.59%. Nasdaq 100 E-minis were?up?247?points, or?0.86%.

(Reporting by Utkarsh Hathi in Bengaluru; Editing by Pooja Desai)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article