US STOCKS-Futures fall as investors await data

jueves 2 de abril de 2015 07:14 GYT
 

* Investors look to payrolls data due on Good Friday

* Crude oil dips, could pressure energy stocks

* Micron drops in premarket after revenue outlook

* Futures down: Dow 43 pts, S&P 6.5 pts, Nasdaq 16.25 pts

By Ryan Vlastelica

NEW YORK, April 2 (Reuters) - U.S. stock index futures were lower on Thursday, as investors held off on making big bets ahead of a critical payrolls report that will be released on Friday, a market holiday.

* Trading could be volatile as market participants will be unable to trade off the March nonfarm payrolls report until Monday, as financial markets will be closed for the Good Friday holiday. Some traders may close out positions or adjust their portfolios ahead of time.

* The release of the jobs report has only coincided with Good Friday four times since 1999, according to data from Bespoke, most recently in 2012. Analysts expect 245,000 jobs to have been added in the month, down from 295,000 in February.

* Economic data has been weak recently, with reads on both private sector employment and manufacturing coming in below expectations on Wednesday. While those point to slowing growth, a weak payroll report wouldn't necessarily be a downside catalyst for Wall Street. The Federal Reserve has said it wouldn't raise interest rates until it deems the economy strong enough to be able to withstand it, and a below-consensus jobs number could ease concerns that the central bank will raise rates sooner rather than later.   Continuación...