Traders Eye 45-Minute Window After Good Friday Report
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While stock markets around the world are closed for Good Friday, the U.S. Labor Department will publish its monthly employment report today at 8:30 a.m. New York time. That means another early morning for Wedbush Securities Inc.’s Michael James in Los Angeles.
“It’s too important,” James, managing director of equity trading at Wedbush, said in a telephone interview on April 2. “People, whether they’re working or not, whether they’re on the buy-side or sell-side, are going to be paying attention to the number and the reaction in the futures.”