Friday, July 6, 2007

U.S. Stock Futures Pare Gain After Growth in Employment Exceeds Forecast

(Bloomberg) -- U.S. stock-index futures pared gains
after employers hired more workers than economists forecast and
wages grew last month, spurring concern that an expanding economy
will stoke inflation.

U.S. companies added 132,000 workers to payrolls in June
while average hourly earnings advanced 0.3 percent. The increase
followed a 190,000-job gain in May that was larger than
previously forecast.


Read more at Bloomberg Stocks News

No comments: