NEW YORK, Aug 1 (Reuters) - U.S. stock index futures were sharply lower on Friday amid investor caution ahead of the July payroll report and its implications for interest rate policy.
Chrysler Group LLC said its U.S. auto sales rose 20% in July, as its Jeep brand turned in another month of strong growth. The auto industry's sales have continued to fare well even after a spate of recalls.
Covered California says health care premiums will go up modestly for most people buying coverage on the state exchange next year by an average of 4.2 percent.
The dollar rose for an eleventh day versus the yen, the longest run of gains since 2001, as the U.S. currency was propelled higher by speculation the Federal Reserve is moving toward raising interest rates.
WASHINGTON (Reuters) - U.S. job growth slowed more than expected in July and an unexpected rise in the unemployment rate pointed to some slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while.