Pursuits
Stock Futures Point to Rough Ride for U.S. Equities on Jobs Data
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A touch of gloom settled on equity markets before a long weekend as the weakest U.S. jobs report in more than a year sent index futures down and added to concern the economy hit a soft patch last quarter.
June e-mini contracts on the Standard & Poor’s 500 Index dropped 1 percent while Dow Jones Industrial Average futures slid 165 points after the Labor Department said employers added 126,000 workers in March, fewer than the most pessimistic forecast in a Bloomberg survey. Futures trading resumes at 6 p.m. New York time Sunday before U.S. exchanges reopen Monday at 9:30 a.m.