"US Jobs Report Takes Center Stage for Market Watchers"

The March jobs report is expected to be the highlight of the week, with investors also keeping an eye on corporate earnings and economic data such as manufacturing activity, job openings, auto sales, and initial jobless claims. The report is expected to show 238,000 nonfarm payroll jobs were added to the U.S. economy last month with the unemployment rate set to hold steady at 3.6%. The banking sector remains a concern for investors, with three U.S. banks failing in March and stocks across the industry taking a hit. Despite some strong performances in the tech sector, a growing view among Wall Street strategists and economists is that the banking crisis will prove to be binary, either leading to a recession and bear market or continued stock market rally.