Jobs Report: Hiring Surged Before Oil Prices Took Off; S&P 500 Futures Waver (Live Coverage)

The March jobs report blew away Wall Street's expectations of tepid hiring, while the unemployment rate fell. The stronger report could confirm a prolonged pause in Federal Reserve rate cuts, no matter what course the Iran war takes. S&P 500 futures remained slightly lower after the day, following a strong rebound during the holiday-shortened week.