Jobs Report & Trade Deficit: Market Mood

Stock market futures showed a slight dip as investors awaited the nonfarm payrolls report. The Dow, S&P, and Nasdaq futures all declined, reflecting a cautious mood. Economists predicted around 188,000 jobs added in March, with the unemployment rate staying at 3.9%. Despite robust job growth, some experts question the accuracy of these numbers. The Federal Reserves interest rate hikes and potential rate cuts hang in the balance, depending on incoming economic data. Additionally, the U.S. trade deficit expanded 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.