"Jobs Report Boosts Stock Market: Dow Futures Rebound and Treasury Yields Jump"

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Source: Investor's Business Daily
"Jobs Report Boosts Stock Market: Dow Futures Rebound and Treasury Yields Jump"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures and other stock indexes rebounded after a stronger-than-expected jobs report, with the tech-focused Nasdaq 100 futures climbing 0.4%. The 10-year Treasury yield rose to 4.39%, and oil prices continued to gain. The Labor Department's March jobs report showed the U.S. economy added 303,000 jobs, with the unemployment rate falling to 3.8%. Magnificent Seven stocks Meta Platforms and Nvidia rose, while Tesla dropped. Disney, IBM, and Verizon are among the best stocks to watch, and Alphabet, Arista Networks, DraftKings, and ServiceNow are also in focus. Apple and Microsoft traded higher ahead of Friday's stock market open.

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