US stock futures slip after strong jobs report

US stock futures edged lower Friday, even after a stronger-than-expected jobs report pointed to resilience in the labor market. With Wall Street closed for Good Friday, investors reacted cautiously in futures trading, weighing economic strength against growing geopolitical risks.

Futures tied to the S&P 500 fell 0.3%, while Dow Jones Industrial Average futures slipped 0.2%. Nasdaq futures declined 0.4%, reflecting continued uncertainty despite positive employment data.

Strong labor data meets global uncertainty

However, the positive data did little to lift sentiment. Investors remain focused on the broader global picture, particularly the ongoing conflict involving Iran and its impact on energy markets.

Oil surge and war fears weigh on sentiment

Oil prices surged sharply the day before, with U.S. crude rising above $111 per barrel and Brent crude topping $109. The increase reflects concerns that the conflict could drag on and further disrupt supply chains.

Donald Trump has signaled continued military action without outlining a clear timeline for ending the war. Analysts warn that prolonged instability could damage infrastructure and extend disruptions through the Strait of Hormuz.

Even though the U.S. imports only a portion of its oil from the Persian Gulf, global pricing dynamics mean domestic markets are still heavily affected.

Global markets show mixed reactions

While U.S. markets were closed for the holiday, international markets showed varied responses. Japan’s Nikkei index rose more than 1%, and South Korea’s Kospi jumped nearly 3%.

Meanwhile, China’s Shanghai Composite declined, and several major markets—including those in Europe and parts of Asia—remained closed for Good Friday.

The mixed performance highlights the broader uncertainty facing investors, who must balance strong economic data against geopolitical risks and rising energy costs.