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On Friday, April 5th, the U.S. stock markets ended higher, lifted by a strong jobs report highlighting the economy’s robust health and suggested the Federal Reserve may hold off on reducing interest rates.
According to economic data from March, U.S. nonfarm payrolls rose to 303,000 from 270,000 in February, beating the forecast of 212,000, as the Bureau of Labor Statistics reported. The unemployment rate fell slightly to 3.8% from 3.9%.
All major sectors of the S&P 500 saw gains, with the highest increases observed in communication services, industrials, and technology sectors.
The Dow Jones Industrial Average gained 0.80% to close at 38,904.04. The S&P 500 was up 1.11%, ending the day at 5,204.34, and the Nasdaq Composite climbed 1.24%, finishing the session at 16,248.52.
Asian Markets Today
Eurozone at 06:15 AM ET
Commodities at 06:15 AM ET
US Futures at 06:15 AM ET
Dow futures were down 0.10%, S&P 500 futures declined 0.14%, and Nasdaq 100 Futures slid 0.10%.
Forex at 06:15 AM ET
The U.S. Dollar Index gained 0.07% to 104.38, USD/JPY was up 0.15% to 151.84, and USD/AUD slipped 0.20% to 1.5178.
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