Stock futures were pointing to gains for Wall Street as investors waited for key payrolls data.
How are stock-index futures trading? On Thursday, the Dow DJIA snapped a four-day win streak, tumbling 550.46 points, for a 1.6% decline. The S&P 500 SPX saw a similar fall, while the Nasdaq Composite COMP fell 1.5%.
... How are stock-index futures trading? On Thursday, the Dow DJIA snapped a four-day win streak, tumbling 550.46 points, for a 1.6% decline. The S&P 500 SPX saw a similar fall, while the Nasdaq Composite COMP fell 1.5%. Read: A dozen S&P 500 stocks just had their worst quarter ever, as tech stocks sloughed off nearly $2 trillion in value
Economists polled by The Wall Street Journal are forecasting a total payroll gain of 490,000 jobs in March, and a drop in the unemployment rate to 3.7% from 3.8%. Job growth totaled 678,000 in February. The data will be released at 8:30 a.m. Eastern Time, followed by the Institute for Supply Management manufacturing index and construction spending, both for March at 10 a.m.Analysts blamed a late-day stock selloff Thursday on worries over bond yields, even as oil prices fell sharply as the U.S.
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