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Macro Score 85 Bearish

Jobs Report: Hiring Revved Up Before Oil-Price Surge, But Is It Real? S&P 500 Futures Fall (Live Coverage)

Apr 03, 2026 13:08 UTC
^GSPC, CL=F, ^VIX
Immediate term

The March jobs report exceeded Wall Street forecasts with robust hiring and a decline in the unemployment rate. However, the market reaction has been mixed as S&P 500 futures fall amid ongoing energy price fluctuations.

  • March jobs report exceeded expectations with strong hiring and a lower unemployment rate.
  • The drop in the unemployment rate was partly due to workers exiting the labor force, which may affect the Federal Reserve's rate cut decisions.

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