Wall Street prepares to open lower as nonfarm payrolls data strengthens interest rate hike concerns

The main indexes of the US stock market are preparing to open negative on the back of the growing concerns in the markets that the US Federal Reserve (Fed) will continue to raise interest rates after the US non-farm payrolls data released on Friday showed that the labor market remained strong.

Nonfarm payrolls in the US rose by 236,000 in March. ​Economists surveyed by Reuters had expected nonfarm payrolls to rise by 239,000 in March.

Dow Jones index futures contracts with TSI as of 1612
It fell 0.36%. S&P 500 index futures contracts
Nasdaq 100 index futures fell 0.52%.
and decreased by 0.82%.

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