U.S. futures traded lower early Friday following a robust jobs report that indicated 178,000 new jobs were added in March, a significant rebound from February's 133,000 job losses. The unemployment rate dipped to 4.3%, reflecting a positive shift in the labor market. Despite the Good Friday holiday closing equity markets, futures were still active. Meanwhile, oil prices surged due to escalating tensions in the Middle East, with U.S. crude prices climbing 11.4% to $111.54 per barrel. This increase is attributed to fears that the conflict in Iran will extend longer than anticipated. The global oil market is significantly affected, particularly for countries like Japan, which relies heavily on the Strait of Hormuz for oil imports. In Asian markets, Japan's Nikkei 225 index rose 1.3%, while South Korea's Kospi gained 2.7%. Conversely, the Shanghai Composite index saw a decline of 1%.