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There's No Stopping the Dow - 5 Things You Must Know Before the Market Opens

1. -- U.S. stock futures were higher on Monday, Aug. 7, as a mostly positive jobs report for July fueled another record close for the Dow Jones Industrial Average.

The Dow rose 0.28% on Friday, Aug. 4, securing a new all-time closing high of 22,085. That marked the blue-chip index's eighth straight record and ninth day in the green.

The U.S. economy added more jobs than anticipated in July. Nonfarm payrolls rose by 209,000 last month, according to the Labor Department, above consensus of 180,000. The unemployment rate decreased by 10 basis points to 4.3%, as expected, matching the 16-year low reached in May. Average hourly earnings increased 0.3% month over month, in line with estimates, and have risen 2.5% over the past 12 months.

European shares traded mixed on Monday. Asian stocks finished the trading session mostly higher, with Japan's Nikkei 225 rising 0.5%.

The economic calendar in the U.S. on Monday is quiet but two Federal Reserve officials will be making the rounds: St. Louis Federal Reserve Bank President James Bullard will discuss the U.S. economy and monetary policy at the...


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