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Stock futures extend gains and yields rise after March jobs report outstrips expectations

April 2, 2021

Stock futures extended gains and Treasury yields rose Friday after a larger-than-expected addition of 916,000 US jobs in March underscored expectations the world’s largest economy continues to recover from the COVID-19 crisis.

The moves in futures and government bonds took place during the Good Friday holiday. Full equity trading will resume on Monday and the bond market will close early on Friday, at 2 p.m.

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