All three major U.S. stock index futures fall over 1%, U.S. February nonfarm payrolls unexpectedly disappoint
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Gelonghui March 6th｜Currently, all three major U.S. stock index futures are down more than 1%, as a weaker-than-expected employment report has raised concerns about the labor market and prompted expectations that the Federal Reserve may lower interest rates soon. A report from the U.S. Department of Labor showed that the U.S. lost 92,000 jobs last month, while economists had previously predicted an increase of 59,000. In addition, independent data showed that retail sales in January fell by 0.2%.
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