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US futures rise ahead of data on jobs, economy

August 29, 2013

NEW YORK (AP) — U.S. stock futures are moving higher before a pair of reports that are expected to reveal economic growth and an improving employment landscape.

The uncertainty that has rattled markets for days eased Thursday as momentum seemed to slow for a military strike on Syria in response to evidence of a chemical weapons attack last week.

Dow Jones industrial futures are up 24 points to 14,830. S&P futures have added 2.8 points to 1,635. Nasdaq futures are up 10 points to 3,078.25.

Economists expect the U.S. Commerce Department will revise second-quarter growth upward by to a 2.3 percent annual rate, based on stronger-than-expected trade data.

Most are expecting weekly jobs numbers to show the number of people seeking U.S. unemployment benefits remained near five-year lows.

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