Caution Prevails Amid Weak Private Payroll Gains
The major U.S. index futures are pointing to lower opening on Wednesday, with sentiment reflecting nervousness notwithstanding the declines of the previous session. The mood across the Atlantic is upbeat following the release of better than expected manufacturing activity data. The private payrolls report that showed a smaller than expected job gain for the month of March may alleviate rate worries. That said, the uncertainty surrounding the global economic outlook could deter the markets from making a strong upward push.
4/1/2015 12:01:44 PM After coming under pressure in early trading on Wednesday, stocks have regained some ground over the course of the session. The major averages have climbed well off their worst levels of the day but remain stuck in the red.