Nonfarm Payroll Reaction

The Nonfarm Payroll report showed a positive surprise in job additions, leading to a minor bump up in equity futures.

Over the past year, there have been 6 other positive surprises, three of which also led to gains in S&P 500 futures in the immediate aftermath of the next 5 minutes.

Curiously, here are the full-day returns for those dates:

2015-03-06: -1.4%

2015-02-06: -0.3%

2015-01-09: -0.8%

All three also continued to sell off in the days afterward.