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U.S. stock futures shot out of the gate late Sunday, rising after Friday’s encouraging jobs report.
Dow Jones Industrial Average futures
YM00,
were up more than 200 points Sunday night, or 0.6%, while S&P 500 futures
ES00,
and Nasdaq-100 futures
NQ00,
also showed solid gains.
Markets were closed Friday for the Good Friday holiday. The major benchmarks wrapped up the holiday-shortened week with gains, with the S&P 500
SPX,
finishing above the 4,000 milestone for the first time. The S&P rose 1.2% for the week, while the Dow Jones Industrial Average
DJIA,
gained 0.2% and the Nasdaq Composite
COMP,
advanced 2.6%.
On Friday, the federal jobs report smashed expectations, with the U.S. adding 916,000 in March as the unemployment rate fell to 6% from 6.2%. Job growth was widespread in March, led by gains in leisure and hospitality, public and private education, and construction, the Labor Department report showed.
