SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (50185)7/2/2004 8:40:54 AM
From: T L Comiskey  Read Replies (1) | Respond to of 89467
 
Jobs...thinner than expected...
'Rocky wants More'...........

08:30 ET Nonfarm payrolls rise 112,000. Consensus 250,000. May revised up(EDIT:Down dummies) to 235,000 from original 248,000. : Payrolls rise less than expected. The data will have a market impact, but will not alter economic views greatly and are still consistent with real GDP growth at an annual rate of 4% in upcoming quarters

08:32 ET: [BRIEFING.COM] S&P futures vs fair value: -3.5. Nasdaq futures vs fair value: -1.0. Futures market dips on the much weaker than expected June nonfarm payrolls data... The May figure was also revised somewhat lower, to 235K from 248K... The headline has prompted immediate selling, indicating a lower open for the cash market