1. The all-important jobs report: American investors are feeling positive after the latest employment report from the Bureau of Labor Statistics.
Employers created a robust 222,000 jobs in June, making this the 81st consecutive month of employment gains in the country.
The unemployment rate ticked up to 4.4%, which is still considered low by historical standards.
Economists surveyed by CNNMoney had predicted the economy created 172,000 jobs in June.
2. Watching the G20 summit: The G20 kicks off on Friday in Hamburg, Germany. The gathering of world leaders from 20 major economies is going to be closely watched, especially as President Trump is meeting with Russian President Vladimir Putin for the first time.
Differences over trade and climate change between Trump and other leaders could make for a tense meeting.
Samsung( launches its )Samsung Galaxy FE on Friday in South Korea. The smartphone is a cheaper, refurbished version of the Galaxy Note 7, a fire-prone model that sparked a global recall.
Samsung also announced its earnings guidance for the second quarter. It expects sales will hit 60 trillion Korean won ($52 billion) while operating profit will come in at around 14 trillion Korean won ($12 billion).
Shares in the tech firm closed the day with a 0.4% loss.
4. Global market overview: There’s been a fair bit of negativity in European and Asian markets on Thursday. But the gloomy mood is lifting a bit following the release of better-than-expected U.S. job numbers.
U.S. stock futures are set for a positive open.
5. Big business Brexit meeting: Top British executives are meeting Friday with the U.K.’s top Brexit official, David Davis. They’ll be pressuring him to tread carefully with Brexit negotiations to protect business interests and jobs.
The Confederation of British Industry (CBI) issued a statement Thursday calling for the U.K. to remain in Europe’s unified market while the country is transitioning out of the EU.
6. Coming this week:
Friday — Bureau of Labor Statistics releases June jobs report at 8:30 a.m.; G20 leaders meet in Hamburg, Germany
Published at Fri, 07 Jul 2017 09:41:13 +0000