Stock futures are pointing to a higher open for all three of the major indices Friday, after a stronger-than-expected March jobs report.
The U.S. economy added a cool 196,000 jobs in March, rebounding from a weak month that prompted markets to question the strength of the labor market.
Wall Street economists were expecting the U.S. economy to have added 175,000 non-farm payrolls in March, according to data compiled by Bloomberg. Meanwhile, February’s sharply lower-than-expected 20,000 job additions were revised up to 33,000.
The unemployment rate stayed steady at 3.8%, the same pace of increase