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U.S. equity futures traded higher following the Easter holiday continuing to add to Thursday's gains and Friday's closely watched U.S. government jobs report that showed American employers added 916,000 more jobs than they cut the previous month.
DOW JONES AVERAGES
NASDAQ COMPOSITE INDEX
Those numbers were well ahead of forecasts of 617,500 and nearly double February's growth, the report showed.
On Thursday, Wall Street’s benchmark S&P 500 index rose 1.2% on its last trading day before the holiday weekend, closing above 4,000 points for the first time.
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Investors have been encouraged by the spread of coronavirus vaccines despite rising infection numbers in the United States, Europe and other places that have prompted some governments to reimpose travel and business curbs.
On Friday, the yield on the 10-year U.S. Treasury bond, or the difference between the market price and the payout at maturity, rose to 1.72% from Thursday’s 1.68%.