S&P Futures Tick Lower Ahead of Key U.S. Payrolls Data

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March S&P 500 futures (ESH23) are trending down -0.28% this morning after three major U.S. benchmark indices closed sharply lower on Thursday amid an aggressive slide in financial stocks while investors looked ahead to a key U.S. nonfarm payrolls report that could set the direction of interest rates. Three major U.S. stock indexes were weighed down primarily by losses in the Financials, Basic Materials, and Consumer Services sectors. In Thursday’s trading session, all three major U.S. stock indexes erased early gains caused by an unexpected rise in jobless claims and moved sharply lower as the…

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