Stock index futures hovered around the unchanged mark Friday as investors waited for the latest employment numbers.
Futures rallied 12 points on better than expected nonfarm payrolls report, with minor revisions in February and March numbers. The market will like it because while the economy is clearly soft, we are not seeing a wholesale collapse in the job market. Wages, however are weak, negative in fact if adjusted for inflation.
What's the trade ahead of Friday’s eagerly anticipated jobs report?