MARKET SNAPSHOT
U.S. stock futures fall after jobs report lays an egg
By Anora Mahmudova and Barbara Kollmeyer
Published: Apr 3, 2015 9:07 a.m. ET
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Trading on futures contracts will close at 9:15 a.m. Eastern
NEW YORK (MarketWatch) — U.S. stock futures declined after the monthly jobs report — released during a holiday-shortened trading session for futures — came in much weaker than expected.
The nonfarm payroll showed that the U.S. economy added 126,000 jobs in March, while unemployment rate stayed at 5.5%, while forecasts by economists polled by MarketWatch was for 243,000.
All major U.S. stock exchanges, including the New York Stock Exchange and Nasdaq, will be closed on Friday. London markets and major exchanges in Europe will be closed Monday and Friday. Regular U.S. trade reopens on Monday, April 6, but stock futures will trade until 9:15 a.m. Eastern Time.
After the release futures fell sharply. The S&P 500 futures ESM5, -0.96% were down 14.75 points, or 0.7% to 2,045, while those for the Dow Jones Industrial Average YMM5, -0.94% dropped 129 points, or 0.7%, to 17,544. Futures for the Nasdaq-100 NQM5, -1.00% lost 27 points, or 0.7%, to 4,279. Futures for most of the major averages had been near flat just ahead of the report.
“The jobs report reflects a general theme that the first quarter did not live up to expectations,” said Carl Tannenbaum, chief economist for Northern Trust.作者: not4weak 时间: 2015-4-3 09:27
