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US futures off in light trading before jobs report

February 19. 2013 9:00PM
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(AP) U.S. stock futures are lower in light trading with most investors waiting on the sidelines until the Labor Department releases its employment figures for November.

Dow Jones industrial futures are down 12 points to 13,051. The broader S&P futures have lost 1.2 points to 1,411.80. Nasdaq futures are down 2.5 points to 2,651.50.

Job figures were likely skewed by Superstorm Sandy last month, so economists will be poring through the data to strip away the effects of that catastrophe to determine if job growth is still occurring.

Economists predict fewer than 100,000 jobs were added last month, and some say it was only half that. The unemployment rate is expected to be unchanged at 7.9 percent.

Associated Press

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