As US jobs report(March) came in much weaker than expected therefore U.S. stock and index futures declined sharply on Friday:-
1- Dow Jones Industrial Average futures dropped 165 points(-0.93%)
2- S&P-500 futures fell 19.75 points(0.96%)
3- Nasdaq-100 futures lost 43.75 points(-1.03%)
1- Dow Jones Industrial Average futures dropped 165 points(-0.93%)
2- S&P-500 futures fell 19.75 points(0.96%)
3- Nasdaq-100 futures lost 43.75 points(-1.03%)
In long run it is positive news because Fed hike seems remote in June FOMC meet after this report but Asian markets may react negative and initial weakness possibility can not be ruled out next Monday.