Friday, March 4, 2016

Stellar Jobs Report Could Have Two-way Impact

The major U.S. index futures are pointing to a higher opening on Friday, with the futures seeing a sharp spike in the immediate aftermath of the release of the jobs report. Since then, the futures have pulled back and are currently modestly higher. The monthly non-farm payrolls report showed that job gains for the month were notably higher than expectations and jobless rate held unchanged.

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