NEW YORK - U.S. equity futures are trading lower ahead of the monthly employment report, which is expected to show the end of an historic run of job gains.
The major futures indexes are indicating a decline of 1.3 percent when trading begins. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The March jobs report, which will be released Friday morning, likely won’t reflect the full extent of the damage inflicted by the coronavirus.
That’s because the data reflects the early weeks of the month before a number of cities and states mandated strict stay-at-home policies and ordered nonessential businesses to close in an attempt to mitigate the spread of the coronavirus.