Markets Are Making A Comeback After 2 Good Reports

U.S. futures are rebounding in the wake of two good jobs reports.

At 8:15, ADP told us the private U.S. companies added 188,000 payrolls in June.  This was better than the 160,000 expected.

At 8:30, we learned that initial weekly jobless claims fell to 343,000 from 348,000 a week ago. Economists were looking for a reading of 345,000.

Dow futures are down 37 points and S&P futures are down 4.5 points.

Before the reports, Dow futures were down 72 points and S&P futures were down 8.5 points.

Treasuries are selling off.

Here’s a look an overnight look at Dow futures:

dow futures

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.