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US STOCKS-Futures slip as strong payrolls data fuels rate hike fears

March 8 - U.S. stock index futures slipped on Wednesday after stronger- than-expected private payrolls data highlighted a resilient labor market, a day after hawkish comments from Federal

reuters
Published 15 ಜೂನ್ 2023, 8:50 IST
Last Updated 15 ಜೂನ್ 2023, 8:50 IST
NATO Secretary General Jens Stoltenberg greets U.S. Secretary of Defense Lloyd Austin next to U.S. Chairman of the Joint Chiefs of Staff  Mark Milley during a meeting of the Ukraine Defense Contact Group, as a part of a NATO Defence Ministers' meeting at the Alliance's headquarters in Brussels, Belgium June 15, 2023. REUTERS/Yves Herman
NATO Secretary General Jens Stoltenberg greets U.S. Secretary of Defense Lloyd Austin next to U.S. Chairman of the Joint Chiefs of Staff Mark Milley during a meeting of the Ukraine Defense Contact Group, as a part of a NATO Defence Ministers' meeting at the Alliance's headquarters in Brussels, Belgium June 15, 2023. REUTERS/Yves Herman   REUTERS/YVES HERMAN

March 8 (Reuters) - U.S. stock index futures slipped on Wednesday after stronger- than-expected private payrolls data highlighted a resilient labor market, a day after hawkish comments from Federal Reserve Chair Jerome Powell fueled a selloff on Wall Street.

At 08:18 a.m. ET, Dow e-minis were down 38 points, or 0.12%, SP 500 e-minis were down 6 points, or 0.15%, and Nasdaq 100 e-minis were down 20.25 points, or 0.17%. (Reporting by Bansari Mayur Kamdar in Bengaluru Editing by Vinay Dwivedi)

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