GLOBAL MARKETS-Wall Street set for gains after jobs data

LONDON, July 2 (BestGrowthStock) – Wall Street looked set to open
higher and European shares kept their gains on Friday despite a
key U.S. jobs report that came in slightly worse than expected.

But the dollar extended losses against major currencies
(.DXY: ).

The U.S. Labor Department said U.S. employment fell for the
first time this year in June as thousands of temporary census
jobs ended and private hiring grew less than expected.

But a mixed report also showed the unemployment rate fell to
9.5 percent, the lowest level since July, as people left the
labour force. [ID:nN01165161]

Wall Street stock index futures pointed to a modestly
positive open. Europe’s FTSEurofirst 300 (.FTEU3: ) was up 0.7
percent.

Euro zone government bond yields were mixed and U.S.
Treasuries were flat.
(Editing by Mike Peacock)

GLOBAL MARKETS-Wall Street set for gains after jobs data