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There is a huge decline in the global markets. DOW FUTURES fell by about 1400 points, while S&P 500 FUTURES fell by 3%. The tech index also appeared under pressure, where NASDAQ 100 FUTURES saw a decline of 600 points.
Big fall in crude oil too
There has been a massive fall of 7.5% in BRENT crude in the international market, causing it to slip below $65 per barrel. This is the first time that BRENT crude has come below $65/bbl since April 2021. The effect of this fall can also be seen on the Indian stock market. Unemployment rate in the US According to US economic data, the unemployment rate in March 2025 was 4.2%, which was in line with the estimate. At the same time, the U-6 unemployment rate was recorded at 7.9%, which is better than the estimated 8.1%. The labor participation rate stood at 62.5%, slightly higher than the estimate of 62.4%. Non-farm payrolls stood at 2.28 lakh, which is much higher than the expected 1 lakh, while private non-farm payrolls were recorded at 2.09 lakh, which is double the estimated 1.05 lakh. Government jobs also saw an increase, with government payrolls rising by 19,000, against expectations that it would fall by 5,000. These figures indicate that the US labor market is performing better than expected.
Read More: Big relief for Indians working in America, what is the decision of the US government
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