This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Futures Rise Alongside Job Growth

NEW YORK ( TheStreet) -- Stock futures were pointing to a stronger open Friday as the economy added 216,000 jobs in March.

Futures for the Dow Jones Industrial Average were up by 67 points, or 64 points above fair value, at 12,319. Futures for the S&P 500 were higher by 7 points, or 7 points above fair value, at 1328, and Nasdaq futures were ahead by 13 points, or 12 points above fair value.

Stocks saw a flat close Thursday as investors refrained from making any big moves ahead of the March jobs report on Friday.

The Labor Department said the U.S. economy added 216,000 jobs in March, surpassing the job growth of 185,000 that economists had been expecting, according to That compares with February's gains of 194,000. Private payrolls also came in better-than-expected, rising by 230,000 after adding 240,000 in the prior month. Economists had only been expecting private payroll gains of 203,000.

The unemployment rate fell to 8.8%, even though Wall Street expected it to hold steady at 8.9%. The average workweek remained at 34.3 hours, as expected, and hourly earnings showed no change despite forecasts for an uptick of 0.2%.

Now Hiring

Exchange companies Nasdaq OMX (NDAQ - Get Report) and IntercontinentalExchange (ICE - Get Report) jointly proposed to buy NYSE Euronext (NYX) for $42.50 in cash and stock, or roughly $11.3 billion. The offer represents a 19% premium over Deutsche Boerse's. Shares of NYSE Euronext were gaining 10.9% to $39 ahead of Friday's opening bell.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
NYX $0.00 0.00%
ICE $235.61 0.00%
LOGI $14.61 0.00%
NDAQ $50.60 0.00%
AAPL $129.36 0.00%


DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs