US stock futures climb after jobs report

The Associated Press Published:

Stock futures climbed after the federal government said employers added 192,000 workers to their payrolls last month. The unemployment rate was unchanged at 6.7 percent.

KEEPING SCORE: Dow Jones industrial average futures rose 55 points, or 0.3 percent, to 16,556 a half hour before the start of regular trading. Standard & Poor's 500 index futures were up seven points, or 0.4 percent, at 1,890. Nasdaq futures rose 17 points, or 0.5 percent, to 3,648.

MUDDLED JOBS REPORT: The Labor Department says employers added 192,000 jobs in March. That's less than economists had expected and also below February's total of 197,000. On the bright side, employers added a combined 37,000 more jobs in February and January than the government first estimated. A half-million Americans started looking for work last month, and many of them found jobs.

WRONG TURN: CarMax slumped $1.07, or 2 percent, to $46.49 in premarket trading after the used car seller said its quarterly income fell 7 percent as the effects of an accounting correction offset higher vehicle demand.

EUROPE: Germany's DAX added 0.5 percent and France's CAC 40 rose 0.5 percent. Britain's FTSE 100 rose 0.4 percent.

ASIA: In Japan, Tokyo's Nikkei 225 edged down 0.1 percent. Hong Kong's Hang Seng shed 0.2 percent while on mainland China the Shanghai Composite gained 0.7 percent.

BONDS AND COMMODITIES: Bond prices rose. The yield on the 10-year Treasury note dipped to 2.78 percent from 2.80 percent late Thursday. The price of crude oil rose 85 cents to $101.13 a barrel. Gold gained $13.50 to $1,298.10 an ounce.