Stock Market Today: Dow Futures Gain, S&P 500 Slips As May Payrolls Rise By 172K, Unemployment Rate Holds At 4.3% — Lululemon, Keel In Focus (UPDATED)

(Editor’s note: The future prices of benchmark tracking ETFs, economic data and the headline were updated in the story.)

U.S. stock futures were mixed on Friday, as the Nasdaq 100 and S&P 500 fell, and the Dow Jones index gained, following a mixed close on Thursday.

Investors digested the latest labor data as U.S. nonfarm payrolls increased by 172,000 in May, matching April’s steady hiring pace, while the unemployment rate held flat at 4.3%.

Wage growth showed modest acceleration, with average hourly earnings ticking up 0.3% ($0.12) to $37.53 for the month, pushing the year-over-year increase to 3.4%.

Following an Oval Office coal policy announcement, President Donald Trump stated he would consider meeting Iranian Supreme Leader Ayatollah Mojtaba Khamenei if diplomacy progresses.

“If we make a deal, it’s possible that I would meet,” Trump said. “I’d be okay with that.” His comments come amid mixed signals from negotiations as the U.S.-Iran conflict enters its fourth month under a fragile ceasefire.

Meanwhile, the 10-year Treasury bond yielded 4.46%, and the two-year bond was at 4.03%. The CME Group’s FedWatch tool‘s projections show markets pricing a 96.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Friday. The SPY was down 0.53% at $753.09, while the QQQ declined by 1.27% to $731.18.

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