Four of the components of the index saw declines: nonfarm payrolls
, exports, housing starts and house prices.
increased 223,000 last month, with construction employment unchanged and the mining sector purging more jobs, the Labour Department said on Thursday.
Despite many markets being closed today we see the release of US nonfarm payrolls
which have the potential to cause some volatility especially since volumes will be very thin.
stocks opened higher Friday, with the Dow Jones Industrial Average edging closer to its record high, after the nonfarm payrolls
report for April came in much stronger than expected.
28 that the number of people on nonfarm payrolls
in Puerto Rico fell to roughly 904,300 in December, down 25,000 from the same month last year.
BLS also reported the average work week for all employees on private nonfarm payrolls
was unchanged in October at 34.
The next day, following a strong level of US nonfarm payrolls
, markets were initially posting further gains.
Steve Blitz, chief economist for ITG, said the May nonfarm payrolls
report "keeps the possibility of tapering on the table.
data showed employers added a greater-than-expected 236,000 jobs in February, brokers said.
report, which may provide more evidence of the world's biggest economy strengthening, according to Reuters.
Although nonfarm payrolls
have increased in the past three months, he said, most of that has been in education and retail trade, which may just be seasonal gains.
The US Labor Department said Friday nonfarm payrolls
rose by 162,000 in March for the biggest increase since March 2007, prompting speculation that the Federal Reserve would hike interest rates during the board meeting later Monday.