Here are five things you must know for Friday, Sept. 6:
1. — Stock Futures Point Higher Ahead of Jobs Report, Powell Speech
U.S. stock futures rose modestly Friday ahead of a reading on U.S. jobs growth and a speech from Federal Reserve Chairman Jerome Powell in Zurich that will be closely watched by Wall Street for indications of the central bank’s near-term rate path.
The nonfarm payrolls report for August will be released at 8:30 a.m. ET, with economists surveyed by FactSet expecting the U.S. to have added 160,000 jobs last month vs. gains of 164,000 in July. A strong private payrolls report from Automatic Data Processing on Thursday suggested that the official U.S. government report on August jobs growth might surprise on the upside.