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US stock futures extend declines after May non-farm payrolls data

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 3, 2026.  REUTERS/Brendan McDermid
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 3, 2026. REUTERS/Brendan McDermid Reuters

U.S. stock index futures extended declines on Friday after a stronger-than-expected jobs report further fueled expectations for the Federal Reserve to hike interest rates this year.

A Labor Department report showed the U.S. economy added 172,000 jobs last month, compared with economists' estimates for a rise of 85,000. The unemployment rate stood at 4.3%, in-line with expectations of 4.3%.

At 08:32 a.m. ET, Dow E-minis were down 17 points, or 0.03%, S&P 500 E-minis were down 47.75 points, or 0.63%, and Nasdaq 100 E-minis were down 406.75 points, or 1.33%.

(Reporting by Twesha Dikshit; Editing by Shinjini Ganguli)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 5, 2026 at 8:38 AM.

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