Futures fall sharply as strong jobs data fuels rate

© Reuters. A trader works on Foreign foreign exchange trading platformthe trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2022. REUTERS/Andrew Kelly

(Reuters) - U.S. stock index futures fell on Friday after a solid jobs report for July bolstered the case for the Federal Reserve to continue on its aggressive policy tightening path.

At 8:33 a.m. ET, Dow e-minis were down 167 points, or 0.51%, S&P 500 e-minis were down 34.25 points, or 0.82%, and Nasdaq 100 e-minis were down 138.75 points, or 1.04%.

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