Stocks & Markets

Wall Street closed for Good Friday, but US futures inch lower following strong March jobs report

North America / United States1 views1 min
Wall Street closed for Good Friday, but US futures inch lower following strong March jobs report

US futures traded lower on Good Friday despite a strong March jobs report, which showed 178,000 new jobs added and an unemployment rate of 4.3%. The decline in futures was partly due to concerns over the ongoing conflict in the Middle East and its impact on oil prices.

US futures dipped on Good Friday after a strong jobs report. The S&P 500 futures fell 0.3%, Dow Jones futures lost 0.2%, and Nasdaq futures declined 0.4%. American employers added 178,000 new jobs in March, rebounding from February's losses. The unemployment rate dropped to 4.3%. Energy markets were closed due to the holiday, but oil prices surged on Thursday amid concerns over the Iran conflict. US President Donald Trump vowed to continue attacking Iran, raising fears of a prolonged conflict. Asian markets were mixed, with Japan's Nikkei 225 gaining 1.3% and South Korea's Kospi jumping 2.7%.

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