Economic news

Futures rise as investors await jobs report

U.S. stocks index futures rose on Friday as investors wait for a nonfarm payrolls report.

An optimistic number of jobs would contribute to reinforce the latest data and mean that the economy is strong enough to absorb a rate increase. 

Economists polled by Reuters on average expected 190,000 jobs added in the public and private sector in the U.S. last month, after significant data to 227,000 in January.

The unemployment rate is expected to be in the range of 4.7%. The average earnings will probably rise by 0.3%.

Next week on Tuesday and Wednesday will be the Federal Reserve meeting, where they will discuss the situation about raising interest rates by a quarter point.


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