The first day of the month + Good Friday Holiday assumption played out good as the market gapped up almost 8 points at the open and kept going to post a new high at 1181.43.
Positive jobless claims and ISM Mfg. Index helped fuel the rally.
Later in the day the market gave back almost all it's gains after Goldman trimed March US Payrolls Forecast to 200,000, but in the last 30 minutes of trading, the market rebounded to close 8 points higher at 1178
Tomorrow's Employment report will be critical to next week's market direction.
The trend is still up.
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