Breaking News – Consumer Economic Data Results.
Consumer Economic Data Results.
ETF
USD Threatens Bearish Channel- Index Eyes 9950 as Techs Point Higher
The greenback is markedly higher in North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) advancing 0.28% on the session after moving nearly 76% of its daily average true range. April non-farm payrolls disappointed today with a print of just 115K, missing forecast estimates for a read of 160K. While the unemployment rate surprisingly declined to 8.1% from 8.2%, it’s important to note that the decline can
Breaking News – Non-Farm Payrolls (NFP)
Non-Farm Payrolls rise less than expected.
Mid-Day Energy Market Update
The bears trying to take control forcing stocks lower and the S&P 500 lower towards this morning’s level and forcing the NASDAQ to session’s lows.
Breaking News – U.S. Service Sector
U.S. Service Sector shows
Analysis Upgrades for May 3, 2012
Before the bell analysis upgrades:
Breaking News – Labor Department Weekly Release
Labor Department Weekly Release out – are they forecasting the Friday’s Non-Farm Payroll release?
Breaking News – ADP Numbers Out
Payrolls processor Automatic Data Processing says private-sector jobs
A Deeper Look Into the ISM Manufacturing Report
The ISM Manufacturing Index climbed in April to a level of 54.8 from 53.4 March, beating analysis expectations. In fact expectations were for decline to 53.0 levels. While the Price Paid Index held at 61.0 for the month.
Before The Market
Futures Ahead of the Open S&P fair value: +0.20 NASDAQ fair value: +1.00 Europe volume will be limited with May Day holiday, however, the UK’s FTSE will be open for trading. Currently up 0.39%. UK Manufacturing PMI fell to 50.5 on a downwardly revised 51.9 for the prior month.
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