U.S. markets are closed on Friday in observance of Good Friday, but there’s big news on tap: March employment numbers will be released at 8:30 a.m. On days when the market is in session, employment numbers tend to dominate sentiment.
Investors will only get 45 minutes to make their opinions known in the futures market on Friday, Bloomberg notes. That’s how long the Chicago Mercantile Exchange (CME) will keep trading open for S&P 500 and Dow futures (8:30-9:15). Of course, sentiment will end up carrying over to Monday — and if things go badly it could be a long weekend for people with big long positions in the market.
Economists surveyed by WSJ predict the economy will add 201,000 jobs and the unemployment rate of 8.3% will remain unchanged.