January 4, 2019 / 1:44 PM / 5 months ago

US STOCKS SNAPSHOT-Futures pare gains after strong jobs data

Jan 4 (Reuters) - U.S. stock index futures pared gains on Friday after a better-than-expected U.S. jobs report allayed fears over economic health, but bolstered concerns that the Federal Reserve would stay on its current path of interest rate hikes.

At 8:31 a.m. ET, Dow e-minis were up 221 points, or 0.98 percent. S&P 500 e-minis were up 25.25 points, or 1.03 percent and Nasdaq 100 e-minis were up 75.25 points, or 1.22 percent.

Moments before the data, Dow e-minis were up 1.27 percent, S&P 500 e-minis were up 1.34 percent and Nasdaq 100 e-minis were up 1.48 percent. (Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta)

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