Stock futures lower ahead of jobs report

By STEPHEN BERNARD and IEVA M. AUGSTUMS AP Business Writers NEW YORK — Stock futures are slumping ahead of a key monthly unemployment report. Investors are awaiting the Labor Department's June unemployment figures. Economists expect the nation's jobless rate rose to 9.6 percent last month from 9.4 percent in May. That would mark a 26-year high. The rate is seen as a key barometer in the nation's economic recovery. The report is due out at 8:30 a.m. EDT. World markets were also... [read full story]                    

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