What’s next for stock market as investors weigh a Good Friday jobs report

With the U.S. stock market closed on Good Friday, investors will have the weekend to digest an employment report that moved fed-funds-futures traders to bet on an increased chance of the Federal Reserve hiking interest rates early next month.

Friday’s employment report puts a “dent” in the case of investors who were betting that a recession was imminent and the Fed would begin cutting its benchmark rate soon after its May policy meeting, said Sameer Samana, a senior global market strategist at Wells Fargo Investment Institute,…

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