Friday, April 3, 2015

Happy Easter: Disastrous Jobs Report

Dow futures crashed 200 points before closing for the Easter weekend.
“There are no excuses with today’s report. This was a soft print any way you look at it. The headline was up only 126,000, the weakest print since February 2014, net revisions to the last two months subtracted 69,000 jobs, and the workweek fell to 34.5 hours from 34.6 hours.” — Omair Sharif, Newedge.