Data next week on people receiving benefits after an initial week of aid, a proxy for hiring, will offer more clues on the state of the labor market in April.
Following last month’s banking crisis, investors have become more convinced the Federal Reserve will cut rates in the second half to ward off an economic downturn
Employment in the U.S. increased roughly in line with economist estimates in the month of March, according to a closely watched report released by the Labor Department on Friday.