Morning a;;
Thanks Weekend crew
SPI +3 @ 5782
On Friday night the Dow Jones industrial average gained around 45 points.
The S&P 500 gained a third of a percent, with utilities outperforming.
The Nasdaq composite advanced 0.4 percent.
The major indexes, however, posted weekly losses, with the S&P and Nasdaq snapping six-week winning streaks. The Dow snapped a four-week winning streak.
The Fed is scheduled to meet next week with most market participants expecting the central bank to tighten U.S. monetary policy. According to the CME Group's FedWatch tool, market expectations for a March rate hike stood at 93 percent.
"The jobs report is old news now. We're all looking ahead to the rate hike," said JJ Kinahan, chief market strategist at TD Ameritrade.
235,000 jobs were added in February, the Bureau of Labor Statistics said, adding the unemployment rate ticked lower to 4.7 percent.
1
Oil $48.39
Nickel -3.3%
Gold $1204 off session lows $1194 on jobs numbers
HUI + 2.7%
AUD Gold $1598
AUD .7543
Have a good day
1 CNBC
- Forums
- ASX - Day Trading
- Day Trading 13 Mar Pre Market
Day Trading 13 Mar Pre Market
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)