Less Job opportunities after payroll came in below expectations
The U.S. stock index futures plunged on Good Friday after the payrolls came in below expectation at 126,000. The U.S. added 126,000 jobs in March, the lowest since 2013 and below Reuter’s expectations of 245,000 payrolls. The unemployment rate has remained steady and wages have increased more than 0.3 percent. Naeem Aslam, Chief Market analysis at AvaTrade said, investors are dialing back on the rate hike expectations.