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☆ Fears mount over election-linked violence in France after government spokesperson attacked on campaign trail
▼ + stars: | 2024-07-04 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —Concerns are growing about political violence ahead of high-stakes parliamentary elections in France after a series of lawmakers were attacked on the campaign trail this week. French government spokesperson Prisca Thevenot and her team came under attack while canvassing on Wednesday night, the latest in a string of violent incidents involving French lawmakers contesting Sunday’s parliamentary elections. Four people have been taken in for questioning regarding the incident, Interior Minister Gérald Darmanin told French television station France 2 on Thursday morning. Acknowledging that violence has been linked to both the far-right and far-left camps, Bardella vowed, if appointed, to be a prime minister who “re-establishes order” in France. An additional 30,000 police officers and gendarmes will be deployed across France on Sunday night in the event of public disorder, Darmanin said Thursday.

Persons: Prisca Thevenot, Marie Dauchy, Nicolas Conquer, Emmanuel Macron, Gérald Darmanin, Thevenot, ”, Jordan Bardella, ” Bardella, CNN’s, Bardella, “, Gabriel Attal, Darmanin Organizations: CNN, National, Republicans, Macron’s, France, BFMTV, Incumbent, Front, NFP, Interior Ministry, National Assembly Locations: France, Savoie, Cherbourg, Thevenot

☆ Kylian Mbappé calls first round of French elections ‘catastrophic’ after country’s lurch to the far-right
▼ + stars: | 2024-07-04 | by ( Julen Chavin | ) edition.cnn.com time to read: +3 min

CNN —Soccer star Kylian Mbappé has called the first round of French elections “catastrophic” after last Sunday’s results saw the country lurch towards the far-right with anti-immigration party National Rally (RN) leading first place. The captain for France’s national soccer team, who is preparing for Les Bleus’ Euro 2024 quarterfinal against Portugal in Hamburg on Friday, urged the French public to vote saying “now more than ever” it was needed. If the RN assumes power, it would become the first far-right party to enter the French government since World War II – although nothing is certain ahead of Sunday’s second round. This isn’t the first time that Mbappé has spoken about French politics while he’s been with the French national soccer team at Euro 2024. “And that is why I want to talk to the whole of the French people, but also the youth.

Persons: Kylian Mbappé, Les, “, ” Mbappe, Emmanuel Macron’s, Mbappé, ”, he’s, ” Mbappé, Mbappé’s Les, Jules Kounde –, ” Kounde, CNN’s Niamh Kennedy, Saskya Vandoorne Organizations: CNN — Soccer, National, soccer team, Les Bleus, Portugal, Front, NFP, French national soccer, Reuters Locations: Hamburg, Germany, France, Sunday’s, Algeria, Cameroon, Belgium

☆ Who is Jordan Bardella and what might his far-right party do in power?
▼ + stars: | 2024-07-04 | by ( Christian Edwards | ) edition.cnn.com time to read: +11 min

Handpicked as leader by National Rally (RN) doyenne Marine Le Pen in an effort to purge the far-right party of its racist and antisemitic roots, Bardella has taken it closer to the gates of power than ever before. Whether the RN forms a government and Bardella becomes prime minister after the July 7 runoff is not clear. So, who is Bardella, and what might his party do in power? Le Pen and Bardella address a crowd of RN supporters in Paris, after Macron called a snap election, June 9, 2024. When the prime minister and president belong to different parties – in a rare arrangement known as “cohabitation” – things can grind to a halt.

Persons: CNN — Jordan, –, Bardella, Emmanuel Macron’s, France’s, Denis, Le Pen, Le Pen’s, Louis Aliot, Le, Macron, Julien De Rosa, Freed, Jean, Marie Le Pen, Franco, Paris Anne Hidalgo, Luc Mélenchon, ” Bardella, Julien de Rosa, Gabriel Attal, ” Mujtaba Rahman, Mario Draghi, Giorgia Meloni, Benito Mussolini, Matteo Salvini, Vladimir Putin, Antonio Masiello, Hungary’s Viktor Orban –, Macron – Organizations: CNN, National Rally, National Assembly, Front, Sorbonne university, Getty, Macron’s Ensemble, Immigrants, Ministry of, Armed Forces, New Popular Front, EU, Eurasia Group, European Union Locations: Paris, France, Europe, Seine, Macron, AFP, Vichy, Spanish, Brussels, Italy, Ukraine, Kyiv, Russia

☆ Gold inches up after weak data fuels U.S. rate cut bets
▼ + stars: | 2024-07-04 | by ( ) www.cnbc.com time to read: +1 min

Gold prices drifted higher on Thursday after softer-than-expected U.S. economic data fueled hopes that the Federal Reserve could cut interest rates as soon as September. Spot gold was up 0.3% at $2,362.10 per ounce, as of 0200 GMT after hitting a near two-week high in the previous session. U.S. economic data on Wednesday, including a weak services and ADP employment reports, showed a slowing economy. "A softer-than-expected ISM services report was the gift that Fed doves have been waiting for ahead of a NFP. Markets are now pricing in a 74% chance of the Fed cutting interest rates at its September meeting, according to the CME FedWatch Tool.

Persons: Matt Simpson Organizations: Federal, Traders, NFP, U.S Locations: U.S

☆ Withdrawal of NFP election candidates a clear decision to prevent RN victory, says NFP MP
▼ + stars: | 2024-07-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWithdrawal of NFP election candidates a clear decision to prevent RN victory, says NFP MPNathalie Oziol, a lawmaker for La France Insoumise, discusses National Rally's success in the first round of the French elections, and explains what her party, part of the NFP, will do to prevent a far-right majority.

Persons: Nathalie Oziol Organizations: La France Insoumise, NFP

☆ Hundreds of candidates drop out of French election runoff in last gasp bid to keep far right from power
▼ + stars: | 2024-07-02 | by ( Saskya Vandoorne | ) edition.cnn.com time to read: +4 min

They’ve put aside their differences with one goal in mind: to keep the far right firmly away from the 289 seats required for an absolute majority currently within their reach. By Tuesday, as the deadline to drop out closed, fewer than 100 remain, after centrist and left-wing candidates strategically dropped out in individual seats. This tactic could stop some RN candidates from winning, according to analyst Antoine Bristielle. Macron’s Ensemble allies also called on their supporters to prevent the far right taking office, but some warned against lending their votes to the hard-left France Unbowed, a party inside the NFP. “I’ve taken the difficult decision to withdraw … leaving it up to my voters to position themselves against the far right or far left,” Samuel Deguara, a candidate from Macron’s camp said after withdrawing.

Persons: Emmanuel Macron’s, They’ve, Antoine Bristielle, Nathan Laine, ” Bristielle, Leslie Mortreux, Gérald Darmanin, Bruno Le Maire, “ I’ve, ” Samuel Deguara, Pen, ” Le Pen, Perpignan Louis Aliot, Dimitar Dilkoff, Jordan Bardella Organizations: CNN, Republique, Bloomberg, Getty, National, NFP –, NFP, Macron’s, France Unbowed, . Finance, …, Rassemblement National, Perpignan Locations: Antoine Bristielle ., Paris, France, AFP

☆ French stocks jump 2.5% as far right takes election lead but seen falling short of majority
▼ + stars: | 2024-07-01 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Dimitar Dilkoff | Afp | Getty ImagesFrench stocks staged a relief rally early Monday after results from the first round of the nation's snap election raised expectations of a hung parliament. The far-right National Rally party and its allies won 33.1% of the vote, the left-wing NFP alliance was second with 28% and Macron's coalition secured 20%, France's Interior Ministry said Monday. Stock Chart Icon Stock chart icon CAC 40 index. Stock Chart Icon Stock chart icon Euro/U.S. National Rally is hoping it will be the party's 28-year-old leader, Jordan Bardella.

Persons: Jordan Bardella, Gabriel Attal, Manuel Bompard, Dimitar Dilkoff, Sebastian Paris Horvitz, CNBC's, Matthew Ryan, —, Emmanuel Macron, Macron, Horvitz Organizations: Rassemblement National, France's, France, TF1, Afp, Getty, NFP, La Banque Postale Asset Management, Citi, National, U.S ., National Assembly, — Locations: London, France, Europe

☆ After France's right-wing surge, parties seen scrambling to block a National Rally win
▼ + stars: | 2024-07-01 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Left-wing and centrist parties in France are scrambling to block the rival National Rally from winning the ongoing parliamentary election, according to analysts, after support for the far-right faction surged in the first electoral round on Sunday. Figures posted on Monday morning by the French Interior Ministry showed that the far-right National Rally (RN) and its allies had secured a combined 33.1% of votes, while the left-wing New Popular Front (NFP) alliance won 28% and French President Emmanual Macron's centrist Together bloc garnered 20%. The outcome of the first round of the election has led to discussions from left-wing and centrist politicians about how to minimize the amount of parliamentary seats secured by the RN in the second round of voting on July 7. "Our objective is clear: to prevent the National Rally from having an absolute majority in the second round, from dominating the National Assembly and from governing the country with the disastrous project that it has," French Prime Minister Gabriel Attal, a Macron ally, wrote on social media platform X late on Sunday according to a CNBC translation. "I say it with the force that the moment demands to each of our voters: not a single vote must go to the National Rally," he added.

Persons: Danielle Simonnet, NUPES, LFI, Celine Verzeletti, Jean Luc Melenchon, Emmanual, Gabriel Attal Organizations: La France, National Rally, French Interior Ministry, Front, National Assembly, CNBC, National Locations: Paris, France

☆ France's far-right National Rally seen leading in first round of snap election, exit polls show
▼ + stars: | 2024-06-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

The first round of a snap parliamentary election in France points to a surge in votes for the anti-immigrant National Rally party, with President Emmanuel Macron's centrist alliance coming into third place. Early polling data from national broadcaster France 2 indicates that National Rally (RN) won 34% of the vote while the leftist New Popular Front (NFP) alliance got 28.1%. If no candidate meets that standard, a second round of voting is held, listing the top two candidates and any other candidates who secured more than 12.5% of registered voters' support. The second round of voting on July 7 is the one to watch, according to Antonio Barroso, deputy director of Research at Teneo. As such, National Rally is widely expected to significantly increase the number of seats it has in France's 577-seat parliament, the National Assembly, from the current level of 89.

Persons: Emmanuel Macron, Emmanuel Macron's, Antonio Barroso Organizations: Nexus Institute, National Rally, France, New Popular Front, Research, NFP, National Assembly Locations: The Hague, Netherlands, France, Teneo

☆ French elections: Macron on course to lose big as far right surges in first round
▼ + stars: | 2024-06-30 | by ( Saskya Vandoorne | ) edition.cnn.com time to read: +3 min

CNN —Marine Le Pen’s far-right National Rally (RN) party has taken the lead in the first round of France’s parliamentary elections on Sunday, initial projections showed, as President Emmanuel Macron’s party slumped to third place. The RN election party in the northern town of Henin Beaumont erupted in celebration as the results were announced. “Nothing has been won – and the second round will be decisive,” she said. Sunday’s vote was held three years earlier than necessary and just three weeks after Macron’s party was trounced by the RN at the European Parliament elections. Total voter turnout on Sunday is expected to be 65.5%, the highest in a first round of parliamentary elections since 1997 – according to Ipsos estimates.

Persons: Emmanuel Macron’s, IPSOS, Pen, Jean, Marie Le Pen, Henin Beaumont, Le Pen, ”, Jordan Bardella, –, – France’s, Macron Organizations: CNN, Front, Rally, National Assembly Locations: Henin, France

☆ French voters head to polls in first round of parliamentary elections
▼ + stars: | 2024-06-29 | by ( Christian Edwards | ) edition.cnn.com time to read: +4 min

Minutes after the humiliating defeat, in an apparent attempt to call voters’ bluff, Macron said he could not ignore the message sent by voters and took the “serious, heavy” decision to call a snap election – France’s first since 1997. The first round of votes eliminates weaker candidates ahead of the second round next Sunday. Typically, only a handful of deputies will be elected this way – but most will go to a second round. Only those who win more than 12.5% of ballots cast by registered voters are allowed to stand in the second round. Attal was reportedly among the last of Macron’s inner circle to learn that a snap election was imminent.

Persons: Emmanuel Macron’s, Macron, – France’s, France’s, –, Jacques Chirac, Lionel Jospin, Jordan Bardella, Gabriel Attal, Manuel Bompard, Dimitar Dilkoff, Le Pen, Jean, Marie Le Pen, Luc Melenchon, Raphael Glucksmann, Gabriel Attal –, Attal Organizations: CNN, Assembly, National Assembly, French, France Unbowed, Front, Macron, Ensemble Locations: France, Europe, Paris, AFP, –

☆ France's election has the ability to rock wider European stocks, Citi strategist says
▼ + stars: | 2024-06-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

France's parliamentary election has already rattled investors as the country's risk premium rises — but two possible scenarios have still not been priced in by markets and could impact stocks in the wider European region, according to Citi. "However, the market is not priced in for far-right or far-left majority," Manthey said. "The outcome is still quite unclear, we only have polling for the first round of the election. "Let's put the announcement of the election in the context of the positioning of the investors. If the French election outcome "is very market unfriendly ... markets in Europe are quite correlated.

Persons: Beata Manthey, CNBC's, Manthey, Emmanuel Macron's, Let's, we've Organizations: Citi, CAC Locations: Sunday's, Europe, U.S

☆ France's shock election has rattled nerves and raised debt crisis talk
▼ + stars: | 2024-06-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +6 min

Poster of Christophe Versini for the Rassemblement National (National Rally) party, with Marine Le Pen and Jordan Bardella on it, on June 24, 2024. Recent polling suggests the far-right Rassemblement National (RN, or National Rally) party, led by Jordan Bardella, could win the most seats in the National Assembly, followed by the left-wing alliance Nouveau Front Populaire (NFP, or New Popular Front). French bond yields — which move inversely to prices — have been relatively contained. Even then, he added, the spread of French bond yields over their German counterparts looked set to remain higher than before Macron called the election. There is little concern over France enacting its own "Frexit," he said, with even National Rally having moved away from actively proposing leaving the euro area or the European Union.

Persons: Christophe Versini, Jordan Bardella, Magali Cohen, Emmanuel Macron, Sunday's, Giorgia Meloni, Viraj Patel, Patel, Liz, Truss, Andrew Kenningham, Macron, Kenningham, François Mitterrand, Christian Keller, CNBC's, Keller Organizations: Rassemblement National, Afp, Getty, National Assembly, Societe Generale, BNP, Vanda Research, Capital Economics, European Central Bank, Bank of England, Barclays, European Union Locations: Germany, Italy, Europe, France, Britain

☆ JPMorgan's equity strategist says stocks are ignoring 'abundant' risks, sees maybe one Fed cut
▼ + stars: | 2024-06-11 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The outlook for stocks looks dour as the chances of Federal Reserve rate cuts decrease and risks abound, according to JPMorgan's Marko Kolanovic. Indeed, the S & P 500 initially ripped higher on Friday after the data was released but closed along the flatline for the day. .SPX YTD mountain S & P 500, YTD Against this backdrop, the strategist reiterated his "defensive tilt," staying overweight commodities and cash and being underweight stocks. JPMorgan is the most bearish firm out of all those surveyed by CNBC PRO with an S & P 500 target of 4,200. The S & P 500 closed Monday at 5,360.79.

Persons: JPMorgan's Marko Kolanovic, Dow Jones, Kolanovic Organizations: Equity, Labor Department, Dow, Investors, JPMorgan, CNBC PRO Locations: U.S

☆ Stock futures are little changed as traders look ahead to Fed decision, inflation data: Live updates
▼ + stars: | 2024-06-09 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Traders and floor officials react to technical issues on the floor at the New York Stock Exchange on June 3, 2024. U.S. stock futures were little changed Sunday night after a winning week, as traders looked ahead to the Federal Reserve's interest rate decision and May inflation data. S&P 500 futures and Nasdaq 100 futures were flat. Markets are now pricing in just one rate cut this year, coming in November, according to the CME FedWatch tool. ... On the hawkish side is that the firm NFP and associated details suggest labor demand growth remains solid."

Persons: Macquarie's David Doyle Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Nvidia, Apple's Worldwide

☆ Gold gains as U.S. dollar, yields slip; focus on jobs data
▼ + stars: | 2024-06-06 | by ( ) www.cnbc.com time to read: +1 min

Gold firmed on Thursday as the dollar and Treasury yields retreated on rising bets that U.S interest rate cuts may start as early as September, while investors awaited the U.S. non-farm payrolls data. Gold firmed on Thursday as the dollar and Treasury yields retreated on rising bets that U.S interest rate cuts may start as early as September, while investors awaited the U.S. non-farm payrolls data. Spot gold was up 0.8% at $2,373.31 per ounce as of 0258 GMT, after rising 1% in the previous session. The dollar index was down 0.2%, hovering around a near two-month low, and benchmark U.S. 10-year Treasury yields lingered near their weakest levels in more than two months. "The fundamental outlook still looks constructive for gold as we move closer towards possible Fed rate cuts in the second half of the year.

Persons: Tim Waterer Organizations: Treasury, ., U.S ., KCM, U.S, Federal

☆ Bank of America lays out the perfect scenario for stocks to rally after the May jobs report
▼ + stars: | 2024-06-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The stock market faces a big test this week with the release of the May jobs report on Friday. Fewer than 125,000 jobs added would suggest that bad news for the economy may finally be bad news for stocks. According to a Monday note from Bank of America, the report needs to print within the "Goldilocks range" of 125,000-175,000 new jobs added in the month. To the downside, Bank of America said a May jobs report below 125,000 would be bad news for the stock market and could lead to a sell-off. Bank of America expects the May jobs report to come in at 200,000 jobs added during the month.

Persons: BofA, —, Ohsung Kwon, Kwon Organizations: Service, Bank of America, Federal Reserve

Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.

Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego

☆ Gold prices flutter higher as Fed holds rates steady
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: +2 min

The Fed left interest rates unchanged on Wednesday as expected. Its latest policy statement kept key elements of its economic assessment and policy guidance intact, framing its discussion of interest rates around the conditions under which borrowing costs can be lowered. Traders were relieved that Powell slammed the door shut for further hikes, helping gold prices climb back above $2,300, City Index senior analyst Matt Simpson said. Lower interest rates increase the appeal of holding non-yielding bullion. The U.S. non-farm payrolls report is due on Friday.

Persons: Jerome Powell, Powell, Matt Simpson, Simpson Organizations: Federal Reserve, U.S ., Traders, City Index, U.S, Palladium, MKS PAMP

☆ Gold pauses record rally ahead of U.S. jobs data
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: +2 min

Two Argor-Heraeus SA 250 gram gold bars at Solar Capital Gold Zrt. Spot gold was down 0.5% at $2,278.50 per ounce, as of 0328 GMT, after hitting a record high of $2,305.04 on Thursday. "Gold will continue to rally with normal pull-backs," Luca Santos, an analyst at ACY Securities said. Bullion was on track for a third straight weekly gain, up 2.3% so far, also driven by strong central bank buying and demand from momentum-following funds. Traders are currently pricing in about 65% chance that the Fed will cut rates in June, according to the CME FedWatch tool.

Persons: Luca Santos, Santos, Bullion, Hugo Pascal, Pascal, Jerome Powell Organizations: Heraeus, Solar, U.S ., Federal, ACY Securities, NFP, Palladium Locations: Budapest, Hungary, U.S

☆ Billionaires' superyachts are bigger, better, and have more on board than ever
▼ + stars: | 2024-03-29 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

And if you don't have someone on board who can whip up a Michelin-star-worthy meal, you might as well stay on land. AdvertisementThe massage room aboard the Talisman C, a $60 million superyacht for sale at the Palm Beach show. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Courtesy of Breed MediaAnd what good is a massage room if no one on board can give one?

Persons: —, Ralph Dazert, Burgess, Anders Kurtén, Kurtén, Nero superyacht, Giovanna Vitelli, Champagne, Benetti's, Donald Trump, Trump, Vitelli, they're, It's, Jeff Bezos, Dazert, everything's, Nero, Jeffrey Beneville, Lana, Bill Gates Organizations: Service, Michelin, SuperYacht Times, Palm, Yachts, —, Monaco Yacht Locations: Russian, superyachting

☆ Gold near 3-week high as markets cut back U.S. rate hike bets
▼ + stars: | 2023-08-30 | by ( ) www.cnbc.com time to read: +2 min

Pure 1,000-gram gold bars produced by South Korea's LS-Nikko are stacked in a dealers room in Seoul on January 9, 2009. Gold prices hovered near three-week highs on Wednesday, as investors pared back bets of further U.S. interest rate hikes in response to soft economic readings, with more data eyed this week to analyze the outlook. Spot gold was flat at $1,936.17 per ounce by 0328 GMT, about $2 below its highest levels since Aug. 7 hit on Tuesday. Gold may extend gains to $1,948 per ounce, as it has cleared a resistance at $1,936, said Reuters technical analyst Wang Tao. Platinum eased 0.1% to $975.07, having climbed to its highest level since July 19 in the previous session.

Persons: Matt Simpson, Wang Tao Organizations: South Korea's, Nikko, Treasury, U.S ., Commerce, Federal Locations: Seoul, ., U.S

☆ Market reactions to Powell speech
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +8 min

"It is the Fed's job to bring inflation down to our 2% goal, and we will do so," Powell said. "August has been a difficult month for the market, so it is hungry for news that will help reverse the trend. Investors are hanging on to every word, but the main takeaway is that Powell signaled that the Fed would raise rates if needed. Rather than last year's short but brutal speech, Powell opted for a longer and calmer speech. KARL SCHAMOTTA, CHIEF MARKET STRATEGIST, CORPAY, TORONTO"On balance, this is a modestly less hawkish speech than markets had feared.

Persons: Jerome Powell, Powell, CHRISTOPHER HODGE, MICHAEL GREEN, ANDRE BAKHOS, CARSTEN BRZESKI, Ann Saphir, Christine, Lagarde, ” JOSEPH LAVORGNA, “, ” STUART COLE, ” QUINCY KROSBY, there's, DAVID WAGNER, Jackson, BRIAN JACOBSEN, patting, KARL SCHAMOTTA, Bernanke, Draghi Organizations: U.S . Federal, Federal, NFP, Fed, ING, Kansas City, REUTERS, CHIEF, CPI, Global Finance, Markets, Thomson Locations: U.S, JERSEY, FRANKFURT, Kansas, Jackson Hole , Wyoming, NIKKO, LONDON, CHARLOTTE, NORTH CAROLINA, CINCINNATI , OHIO, WISCONSIN, TORONTO

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. All eyes will be squarely on the July U.S. nonfarm payrolls report, due at 8:30 a.m. ET, with a Reuters poll of economists estimating payrolls increased by 200,000 jobs last month, after having risen 209,000 in June, showing labor market conditions remain tight. "Today's NFP data would be important for setting the market tone for the coming weeks," Jefferies strategist Mohit Kumar said. ET, Dow e-minis were up 10 points, or 0.03%, S&P 500 e-minis were up 8.5 points, or 0.19%, and Nasdaq 100 e-minis were up 44.25 points, or 0.29%.

Persons: Brendan McDermid, Amazon's, nonfarm, Jefferies, Mohit Kumar, Stocks, DraftKings, Shubham Batra, Bansari, Savio D'Souza, Shounak Organizations: New York Stock Exchange, REUTERS, Apple Futures, Dow, Nasdaq, Amazon.com, Microsoft, Labor Department, Fitch, AAA, Dow e, Horizon Therapeutics, Sports, Thomson Locations: New York City, U.S, States, Bengaluru

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