U.S. Equity Futures Drop on March Payrolls Miss

April 3, 2015 12:48 PM

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U.S. stock futures declined after the monthly jobs report -- released during a holiday-shortened trading session for futures -- came in much weaker than expected.

The nonfarm payroll showed that the U.S. economy added 126,000 jobs in March, while unemployment rate stayed at 5.5%, while forecasts by economists polled by MarketWatch was for 243,000.

Also read: Economy: Jobless claims drop to lowest since 1973; housing starts jump 11%

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