April 06, 2015- Stocks Trade Lower on Weak Jobs Report

Trading in the U.S. index futures suggests that Wall Street stocks may open Monday's session notably lower, stung by worries concerning the domestic labor market. The non-farm payrolls report released last Friday showed job additions at an anemic pace of 126,000, although there were positives in the report, including average hourly earnings growth and an unchanged jobless rate. Meanwhile, activity in the rest of global markets is light, given the Easter Monday holiday in some of the Asian markets and Europe. The mood in the domestic markets may also hinge on a couple of service sector readings due later in the day. The Dow futures are slipping 138 points, the S&P 500 futures are moving down 15.75 points and the Nasdaq 100 futures are declining 34.00 points. U.S. stocks made a modest recovery in the abbreviated week ended April 2nd, although closing the week on a mixed note. The week's trading was characterized by volatility, as the markets reacted to mostly negative domestic data and geopolitical concerns.