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Dow Jones futures near session highs after ADP as JOLTS data looms
Following on from the previous update, noting the slight miss on the February ADP report, the markets are now waiting for the latest JOLTS (Job Openings) data, at 1.30pm GMT. That is arguably more important than the ADP data. The markets are expecting this to fall back to around 8.85 million in January, from a December number of 9.026 million. If this data is wide of the mark to any degree it will have an impact on the dollar and stock futures. So, just ahead of this, the US futures are still very much on the front foot across the board. The Nasdaq 100 is still leading those gains, but we should not forgot the Dow Jones in numerical terms. The index is currently priced to reopen at around 38,700, where it closed last night at 38,585
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