US STOCKS-Futures fall in wake of weak payrolls data

lunes 6 de abril de 2015 07:38 GYT

* Herbalife shares fall after investigation report

* Futures off: Dow 120 pts, S&P 14.5 pts, Nasdaq 32 pts

By Rodrigo Campos

NEW YORK, April 6 (Reuters) - U.S. stock index futures fell in low volume on Monday as Wall Street was set to open for the first time since Friday's surprisingly weak jobs data.

* Labor Department data showed U.S. employers last month added the fewest jobs in more than a year. The rise of 126,000 jobs was well below economists' expectations for a gain of 245,000. The data was released on Good Friday, when Wall Street was closed.

* Major European markets were closed from Friday through Monday for the Easter holiday, and were set to reopen Tuesday.

* The jobs data eased some concerns that the U.S. dollar would continue to strengthen and further pressure earnings of companies with international exposure. It also pushed expectations of a rate hike from the Federal Reserve further down the road.

* However, investors are concerned that a patch of soft economic data, including jobs, factory activity and consumer spending, may be linked to more than a weather-related slowdown and could indicate a loss of momentum in the U.S. economy.

* Herbalife shares fell 6.8 percent in premarket trading after a weekend report from CNBC said U.S. law enforcement agencies contacted several top Herbalife members.   Continuación...