US Stock Futures Rise as Oil Prices Ease
Dow Jones futures rose by 0.18% to trade near 53,220 during European hours on Thursday, while S&P 500 futures advanced by 0.16% to trade near 7,690.
The increase in US stock futures follows a pause in the recent surge of oil prices and bond yields, which had been putting pressure on equities.
Fresh economic data revealed a notable cooling in the labor market, with ADP figures showing that US private-sector employment added just 38,000 jobs in August, falling short of the 47,000 positions economists had anticipated.