US stock futures soared on Sunday night, rising after Friday’s encouraging jobs report.
Dow Jones Industrial Average YM00 Futures,
rose more than 200 points on Sunday night, or 0.6%, while S&P 500 ES00 futures,
and future Nasdaq-100 NQ00,
also showed solid gains.
The markets were closed on Friday for the Good Friday holiday. The main benchmarks ended the shortened holiday week with gains, with the S&P 500 SPX,
ending up above the 4,000 mark for the first time. S&P rose 1.2% on the week, while the Dow Jones Industrial Average DJIA,
gained 0.2% and the Nasdaq Composite COMP,
advanced 2.6%.
On Friday, the federal employment report broke expectations, with the US adding 916,000 in March, while the unemployment rate fell from 6.2% to 6%. Employment growth was widespread in March, led by gains in leisure and hospitality, public and private education and construction, the Department of Labor report showed.