Jobs Report Awaited: Market Futures Down

Stock market futures dipped slightly Friday, as investors awaited the crucial nonfarm payrolls report. The Dow Jones Industrial Average futures fell by 0.14%, with the S and P 500 and Nasdaq 100 also seeing minor declines. Economists forecasted 188,000 jobs added in March and an unchanged 3.9% unemployment rate. Despite strong job growth amidst Fed rate hikes, some experts question its accuracy due to discrepancies between surveys. Investors are keen on any signs of economic slowdown, as a robust jobs report could delay the first interest rate cuts. Additionally, the U.S. trade deficit surged 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.