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Premarket: U.S. stock futures jump on surprisingly strong jobs report Add to ...

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North American markets look set for a higher opening after surprisingly strong jobs reports in both Canada and the U.S.

U.S. stock index futures, which earlier were trading a little to the downside, rallied immediately after the American non-farm payrolls report showed 146,000 new jobs last month. That was much better than economists' expectations for 85,000 new jobs. The unemployment rate fell to 7.7 per cent, the lowest in almost four years, compared to expectations for 7.9 per cent.

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