U.S. stock futures shot out of the gate late Sunday, rising after Friday’s encouraging jobs report.
Dow Jones Industrial Average futures
YM00,
+0.41%
were up around 150 points Sunday evening, or 0.5%, while S&P 500 futures
ES00,
+0.35%
and Nasdaq-100 futures
NQ00,
+0.04%
also showed gains.
Markets were closed Friday for the Good Friday holiday. The major benchmarks wr
apped up the holiday-shortened week with gains, with the S&P 500
SPX,
+1.18%
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,
+0.52%
gained 0.2% and the Nasdaq Composite
COMP,
+1.76%
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.
