5 things to know before the stock market opens Friday

5 things to know before the stock market opens Friday

1. Stock futures are lower after release of May jobs report , as Wall Street digested the release of May's better-than-expected jobs report. Treasury yields rose. On Thursday, all three major U.S. stock indexes , snapping two-day losing streaks and putting them in positive territory for the week. The advanced 435 points, or 1.3%, after being down more than 300 points at session lows. The added 1.8%, while the tech-heavy outperformed, rising 2.7%. The major indexes have not recorded back-to-back positive weeks in about two months, as investors monitor a number of challenges including high inflation and the Federal Reserve's response to it, recession fears and . However, stocks have moved solidly off their lows of the year, hit on May 20. The Nasdaq is up 11.6%, while the S&P 500 and Dow are up 9.6% and 8.5%, respectively. 2. U.S. economy added 390,000 jobs in May The U.S. economy added 390,000 jobs in May, the Labor Department said Friday, better than the 328,000 estimate from Dow Jones. Although it topped expectations, job growth in May did slow compared with April, when nonfarm payrolls grew by 436,000.The unemployment rate remained at 3.6% in May, the third consecutive month it's been