Stock futures continue to rise after strong jobs number

|By:, SA News Editor

Stock futures add to gains after job growth in May increased slightly more than forecast; Dow and Nasdaq +0.3%, S&P +0.2%.

The report provided no surprises, but traders said the rate of job creation offers further evidence that U.S. economic growth is on track; "good news is actually good news now in the marketplace," Wunderlich's Art Hogan says.

European indexes continue to move broadly higher following yesterday's ECB decision to introduce additional easing measures, while the major Asian markets ended lower.

BofA +0.2% premarket even after reports of talks with the Justice Department to pay at least $12B to settle civil probes into alleged handling of shoddy mortgages; shares had hit six-week highs yesterday.

Perhaps surprisingly, Treasurys also rallied in reaction to the jobs data, with the 10-year note surging to a gain of 9 ticks and the yield down 4 bps at 2.55%.