US STOCKS-Wall St set to open flat after September jobs report

viernes 7 de octubre de 2016 08:54 GYT
 

* 156,000 jobs added in September vs est. 175,000

* Dollar pares gains to trade flat

* Gap rises after same-store sales fall less than expected

* Futures up: Dow 45 pts, S&P 3.5 pts, 6.75 pts (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Oct 7 (Reuters) - Wall Street was set to open little changed on Friday after a weaker-than-expected September jobs report appeared to reduce the chance of a U.S. interest rate hike this year.

U.S. employment growth slowed for the third straight month in September to 156,000. Economists polled by Reuters had forecast 175,000. The unemployment rate ticked up to 5.0 percent from 4.9 percent.

"This is a good number all the way around," said Michael Jones, chief investment officer at Riverfront Investment Group in Richmond, Virginia.

"It's strong enough that you're not worried about the U.S. slipping back into the kind of slump that we had in the first quarter, but it's not so strong that it precipitates immediate action from the Fed."   Continuación...