Investors in US stocks get their first chance this morning to react to Friday’s March jobs report, and the premarket tone so far seems fairly reserved.
Equity futures aimed modestly higher, though that may just as easily be an influence of a slightly lower US dollar index. Oil and gold both moderately higher.
Skimpy week for US economic data, though this morning we’ll see March ISM services index and February pending home sales, both due at 10:00 a.m. Overnight Japan’s Nikkei 225 closed at a fresh 18-month high. Markets in Europe are closed today.
Dollar index recently at 81.23. S&P futures up 4.70. DJ futures up 40. Ten-year slightly lower, yield at 3.95%.
