Stock Futures Dip On Weak Jobs Report
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Stock futures have turned negative following a much worse than expected jobs report. DJIA -53, versus +25 prior to report. S&P 500 -7, versus +3.25 prior to report.
The November change in nonfarm payrolls comes in at up 39,000, vs. the economist estimate of up 150,000. October's reading came in at 151,000 and was revised to 172,000. The unemployment rate for November comes in at 9.8%, which compares to the economist survey of 9.6%.
The November change in nonfarm payrolls comes in at up 39,000, vs. the economist estimate of up 150,000. October's reading came in at 151,000 and was revised to 172,000. The unemployment rate for November comes in at 9.8%, which compares to the economist survey of 9.6%.
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