Stock futures slid after the March jobs report beat expectations.
Futures had already been under pressure ahead of the report, as European markets sold off. Near 8:59 a.m. ET, Dow Dow futures were down 103 points, S&P 500 futures were down 12 points, and Nasdaq futures were down 29 points — all by about 0.6%.
The jobs report showed that the economy added 215,000 jobs in March (205,000 expected), while the unemployment rate ticked up to 5% from 4.9%.
There’s a lot more economic data to come on Friday, including auto sales, manufacturing PMIs, consumer confidence and construction spending. You can read our full preview of this busy day here.
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