Hello MarketClub members everywhere. The markets are flat heading into the close of trading today. The cause? The U.S. economy added 98,000 jobs last month vs. the expected gain of 180,000. Wage growth was not as strong either, with average hourly earnings up by 2.7 percent on an annualized basis. However, the unemployment rate fell to 4.5% from 4.7%.
Futures and Treasury yields slipped after the jobs report was released, with the 10-year note yield briefly dipping below 2.3 percent to hit its lowest level since late November.
Key levels to watch this week:
S&P 500 (CME:SP500): 2,381.93
Dow (INDEX:DJI): 20,970.04
NASDAQ (NASDAQ:COMP): 5,769.39
Gold (FOREX:XAUUSDO): 1,245.19
Crude Oil (NYMEX:CL.K17.E): 50.77
U.S. Dollar (NYBOT:DX.M17.E): Today's high after the close
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
I appreciate the pop up lower right message but... I do not always want to read immediately - it gets in the way of what I want to read and I have not found a way to save it for later and read it later. Am I asking too much?