Friday, September 7, 2012

Markets Fall, Then Come All The Way Back After Jobs Report

Markets Fall, Then Come All The Way Back After Jobs Report:
spin
The August jobs report is out and markets are reacting.
Stocks instantly sold off.  Dow futures shed all of its early morning gains.
And then they came all the way back.
Stock market index futures are modestly higher.  Dow futures are up 39 points.  S&P futures are up 5 points.  Nasdaq futures are up 4 points.
The 10-year yield was at 1.73% and the 30-year was at 2.85%.
U.S. companies added 96k nonfarm payrolls, which was much lower than the 150k forecast by economists.
SEE ALSO: The 21 Largest Mass Layoffs Of The Year >

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