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China Daily | Updated: 2008-07-03 07:58

Futures pare gains

US stock-index futures pared gains after an industry report showed employers cut more jobs than analysts had forecast in June.

The ADP Employer Services report said the US lost 79,000 jobs last month. Futures on the Standard & Poor's 500 Index expiring in September added 3.4 points, or 0.3 percent, to 1,289.60 as of 8:20 am in New York after earlier gaining 8.4 points. Dow Jones Industrial Average futures climbed 9 points to 11,388, paring an earlier advance of 57 points. NASDAQ-100 Index futures gained 11.75 to 1,880.75.

IN BRIEF (Page 15)

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