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On June 1, stock index futures pointed to a lower open on the Wall Street with futures for the Dow Jones, the S&P 500, and the Nasdaq 100 falling 0.5 to 0.7 percent.
In May, U.S. jobs growth is believed to be snapped back from weather-related distortions that had slowed hiring, which indicated that the economy was still expanding at a moderate pace despite strong headwinds from Europe.
The slowdown of the Chinese economy worsened in the month of May as factories in the country experienced a further deterioration in demand at home and abroad.
Lingering fears over the debt-ridden economies of Greece and Spain made European shares fell 0.4 percent. On Thursday, U.S. stocks fell modestly to close out their worst month since September as sentiments of investors sank on the deepening credit problems of Europe.
April construction spending numbers would be released at 1400 GMT by the Commerce Department and economists predict a rise of 0.4 percent, compared with a 0.1 percent increase in March.
The Dow Jones industrial average dropped 26.41 points, or 0.21 percent, to 12,393.45. The S&P 500 Index fell 2.99 points, or 0.23 percent, to 1,310.33. The Nasdaq Composite Index lost 10.02 points, or 0.35 percent, to 2,827.34.
Stock futures are reeling
Stock futures are reeling nowadays.