Market cautious ahead of key jobs report.
TL;DR Summary
US stock futures fell ahead of the highly anticipated Friday's job report, with tech stocks leading the Nasdaq lower than other indexes. Gold futures broke the $2,000-per-ounce barrier on the back of weak US economic data, as well as hopes that the Fed will raise rates more slowly. Applications for US unemployment benefits rose by 228,000 for the week ended April 1, higher than consensus estimates of 200,000. Economists surveyed by Bloomberg expect Friday's jobs report to show 240,000 jobs created last month, significantly lower than the average job gains of 343,000 over the last six months.
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