Job Report Awaited: Markets Cautious

Stock market futures saw slight declines early Friday, as investors awaited the nonfarm payrolls report. Economists predicted around 188,000 jobs added in March, with the unemployment rate remaining at 3.9%. Despite robust job growth, some experts question the strength of the job market. Meanwhile, the Federal Reserves decisions on interest rate cuts hinge on incoming economic data, and a strong jobs report could delay these cuts. Additionally, the U.S. trade deficit grew to $68.9 billion in February, surpassing expectations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.