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U.S. Morning Call: Stock futures down; Jobs report ahead

Thursday, May 31, 2012 - 02:41

June 1 - U.S. stock futures are falling on concerns over debt woes in Europe, and economists predict the U.S. economy added 150,000 jobs in May.

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Your fears grip future is propping JPMorgan had a positive report on FaceBook cares and call this Friday. US stock index futures falling on concerns over debt woes in Europe and a manufacturing slowed down there and in China. Dow NASDAQ S&P 500 stock index futures down about 1%. Ahead of the jobs report out in about an hour this after stocks have their worst month in nearly eight year. Turn into your body illustrating and negative territory for parts of today's session meaning investors paying to hold the debts. Economists predicting US employers created more jobs last month that in April nonfarm payrolls expected to have risen 150008. Above that disappointing 1151000. From April. The unemployment rate seen holding steady at eight point 1%. The private sector is expected to account for all the job gains for a third straight month adding 160000. Positions. Government payrolls seen dropping by 101000. Dragged down by on going belt tightening by local governments. Commodity Futures Trading Commission reportedly is issuing subpoenas related to the multi billion dollar trading loss and JPMorgan Chase. The Wall Street Journal reporting to CFTC is requested emails and other -- -- -- -- documents. The probe centers throughout what JPMorgan traders told there's supervisors. An internal risk management staff is there wrong wave that started this out where that's according to the paper. But it can't spokesperson declined comment to Reuters on the reports. -- -- for FaceBook broker Robert -- giving the stock outperform rating if put it 37 dollar price target on the shares which closed in the thirty dollars Thursday but are down in the premarket. Course the offer price was 38 dollars meanwhile Morgan Stanley CEO James Gorman defending his firm's role in the IPO telling CNBC. It followed standard procedures when asked if certain clients receive more information others Gorman said absolutely on. FaceBook calls recovering from an out it's Thursday. Which left some users unable to access the site for a short period. And going after Microsoft and Nokia that search giant filing a formal complaint with the European Commission accusing companies of conspiring to use their patents against Smartphone industry rivals. Microsoft calling -- complains that desperate tactic on Nokia that the idea it is colluding with Microsoft on intellectual property is wrong. That's gonna call this Friday I'm rob the shop there this is Reuters Insider.

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U.S. Morning Call: Stock futures down; Jobs report ahead

Thursday, May 31, 2012 - 02:41