Dow Jones futures not making much progress this morning

There can be little doubt that the worst performing major global stock market of recent days has been the Dow Jones. It has clearly not kept pace with the record gains seen in the S+P 500 and Nasdaq 100. It has underperformed the European markets more recently too and it was the only major US index to end the session in the red on Wednesday evening, where of course we had new all time highs for the S+P and the Nasdaq. Right now the Dow Jones futures are struggling this morning too. That might all change after the US jobs report this afternoon, but it is not clear that will be the case. So, what do the markets expect from that jobs report later on? The consensus is for non-farm payrolls to rise by around 190,000-200,000 in June, compared to a 272,000 gain in May. The average rate of annualised wage growth is forecast to drop to around 3.9% from 4.1%. The underlying rate of unemployment is forecast to remain steady, at 4%. The Dow Jones futures will surely react to any major surprises in any of this data, ahead of live trading resuming one hour later. Right now the Dow futures are pricing the opening at around 39,320 after the index closed on Wednesday at 39,308