Business

Dow futures upward thrust150 issues in abbreviated Excellent Friday consultation as U.S. provides 916,000 in March and unemployment fee falls to six%

U.S. stock-index futures traded higher Friday morning after a blockbuster March jobs report, though cash trading in equities – and most other markets – are closed due to the Good Friday. The U.S. added 916,000 in March and the unemployment rate fell to 6% from 6.2%. Job growth was widespread in March, led by gains in leisure and
hospitality, public and private education, and construction, the Labor Department report indicated. Futures for the Dow Jones Industrial Average
YM00,
+0.55%

YMM21,
+0.55%

rose to 165 points, or 0.5%, at 33,196, those for the S&P 500
ES00,
+0.59%

ESM21,
+0.59%

added 0.5% at 4,030, set to extend a record climb for the index when markets reopen on Monday, while Nasdaq-100 futures
NQ00,
+0.46%

[s:NQM21] advanced 0.4% to reach 13,363.Economists surveyed by Dow Jones Newswires and The Wall Street Journal, on average, estimated the report will show 675,000 new jobs were created in March, with some economists looking for the figure to top 1 million. Due to the Good Friday holiday stock-market futures are only open until 9:15 a.m. Eastern Time and the rest of the market is closed.

Read More: https://www.kbcchannel.tv | For More Business Articles | Visit Our Facebook & Twitter @kbcchanneltv | Making The Invisible, Visible


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: