Dow Jones Industrial Average futures recorded an opening gain of about 230 points as investors cheered strong U.S job growth and accelerating vaccine rollout. S&P 500 futures and Nasdaq 100 futures also surged.
On Friday, the U.S Labor Department reported a nonfarm payroll jump of 916,000 in March, more than expected 675,000, while the unemployment rate fell to 6%.
Analysts link the job growth with the lifting of coronavirus restrictions, a ramp-up of vaccinations, and boosts provided by the fiscal stimulus.
On Thursday, S&P 500 jumped more than 1% to surpass the 4,000 thresholds for the first time, bringing its total gains to 7% this year.
Analysts see a potential upward pressure on prices due to the impact of faster jobs and wage growth.
Dow Jones and S&P 500 futures are currently closed for trading as Nasdaq gains. NDX is up 1.82%
