“U.S. stock index futures turned lower on Friday, after the government’s crucial non-farm payrolls jobs report came in below expectations,” Katy Barnato reports for CNBC.
“The government reported the creation of 113,000 jobs in January versus expectations of 185,000,” Barnato reports. “On Thursday, both the Dow Jones Industrial Average and the S&P 500 posted their biggest one-day percentage gains of the year, after data showed weekly unemployment claims fell more than expected last week, suggesting an improving labor market.”
“Companies worth watching include Apple, after Wall Street Journal reported it had repurchased $14 billion worth of its own stock following disappointing results,” Barnato reports. “Frankfurt-listed Apple shares traded 2.3 percent higher early on Friday.”
Read more in the full article here.
Apple buys back $14 billion shares in two weeks – February 6, 2014