Amazon union vote, jobs data, GameStop surges: LIVE UPDATES
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Nonfarm payroll employment +431,000
Unemployment rate down to 3.6%
"Notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing" as reported by BLS.
U.S. equity futures are trading higher ahead of the release of the latest jobs report.
Economists expect the Labor Department to say the U.S. economy added 490,000 new jobs in March. That follows a larger-than-expected gain of 678,000 jobs in February.
The unemployment rate is expected to have slipped to 3.7% last month.
Meanwhile, Brent crude futures traded around $105 a barrel while West Texas Intermediate traded slightly north of $100 per barrel.
Like Tesla earlier this week, GameStop announces plans to ask shareholders for approval to increase the number of shares for an eventual stock split. The vote will come at the upcoming Annual Meeting.
The most anticipated economic report of the month comes Friday morning when the government releases the monthly jobs report. Continue reading
U.S. equity futures traded higher heading into the final trading day of the week and before the release of the monthly jobs report. Continue reading
Oil prices turned higher Friday morning ahead of a meeting of consuming nations to discuss a new release of emergency oil reserves alongside the release announced by the United States. Continue reading
The average price for a gallon of gasoline in the U.S. slipped on Friday to $4.215, according to the latest numbers from AAA. The price on Thursday was $4.225. The previous record high was $4.33, set on Friday March 11, 2022.
Bitcoin heads to the end of the week trading around $45,000, after falling for a third consecutive day. Bitcoin finished the month with a gain of more than 9%. Continue reading
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