US futures slip ahead of key jobs report for June

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US futures slip ahead of key jobs report for June

NEW YORK (AP) - Stock futures are falling ahead of the June jobs report that is expected to show only a slight uptick in hiring.
Dow Jones industrial average futures are down 6 points to 12,826. Standard & Poor's 500 futures are down 1.9 points to 1,359.50 and Nasdaq futures have given up 2.5 points to hit 2,640.
With President Barack Obama on a two-day bus tour to campaign in Ohio and Pennsylvania, the Labor Department's report could have a huge impact on the upcoming election after a lackluster two months of hiring.
Analysts surveyed by FactSet forecast that the economy gained only 90,000 jobs last month. It would mark a third straight month of weak job growth.
The unemployment rate is expected to remain at 8.2 percent.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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