Dow futures rise by more than 150 points in shortened Good Friday session as US adds 916,000 in March and unemployment drops to 6%



[ad_1]

U.S. stock index futures traded higher on Friday morning after a successful employment report in March, although spot trades in stocks – and most other markets – were closed due to the Good Friday. The United States added 916,000 in March and the unemployment rate fell from 6.2% to 6%. Job growth was widespread in March, led by gains in recreation and hospitality, public and private education and construction, the Labor Ministry report said. Futures for the Dow Jones Industrial Average YM00,
+ 0.46%
YMM21,
+ 0.46%
increases to 153 points, or 0.5%, to 33190, those of the S&P 500 ES00,
+ 0.43%
ESM21,
+ 0.43%
added 0.4% to 4027, which is expected to extend a record rise in the index when markets reopen on Monday, while Nasdaq-100 NQ00 futures,
+ 0.21%
[s:NQM21] rose 0.2% to 13,344. Economists polled by Dow Jones Newswires and the Wall Street Journal, on average, estimate the report will show 675,000 new jobs were created in March, with some economists looking for the top figure to 1 million. Due to Good Friday, stock market futures closed at 9:15 a.m. EST and the rest of the market is closed.

[ad_2]

Source link