The US stock markets were closed for Good Friday, so all eyes were on the bond market and stock futures after Job Report released

Friday’s job report showed U.S. hiring cooled in March, but that the labor market remained solid with the unemployment rate slipping to 3.5% from 3.6%

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The US Nonfarm payrolls increased by 236,000 jobs last month, compared to the previous month’s revised 326,000 job data

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Average hourly earnings rose 0.3% in March after gaining 0.2% in February.

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The pace of wage growth on a YoY basis declined to 4.2% in March, from 4.6% in the prior month, continuing a recent downward trend.

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Economists polled by Reuters had expected 239,000 jobs in March, with hourly wages at a 4.3% annual rate and the unemployment rate at 3.6%

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Fed officials will now await inflation data on 12 April to gauge the impact of their year-long monetary policy tightening campaign.

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Financial markets are now leaning toward another 25 bps rate hike by Fed on May 2-3 policy meeting, according to CME Group's FedWatch tool

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The US stock futures pared their slim losses and turned higher after the jobs report was released

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