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US stock futures slapped after Jobs report disappoints-Dow Jones futures slide
US equity futures have not got the news they needed from the latest US jobs report and that is something that was touched on here over the past couple of days. The Dow Jones needed a good number this afternoon and that is not what it has just received. The Dow Jones future is sliding below 39,900 and close to 39,800, as the S+P 500 futures drop further below the breakdown level at 5,390. The move lower in stocks comes as the dollar gets whacked, especially versus the Yen, but more on that in the very next update
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As expected Gold backs off from new all time high above $3000
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Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
