On Friday the jobs report posted and it was shockingly negative. The unemployment rate notched higher again to 9.1 percent overall. Overall last week, the Dow Jones Industrial Average was lower by 2.3 percent. 28 out of the 30 Dow components ended the last session lower. The S&P 500 was also lower by 2.3 percent as was the Nasdaq. The lower weekly closes are adding up and investor worry over the health of the U.S. economic recovery is gradually increasing. It is not time to panic but it is safe to suggest that the strength of the economic recovery in the U.S. is on shaky ground right now. Investors moved toward safe havens like U.S. Treasuries and precious metal gold last week. Investors will look for stocks to rebound during the first full week of open trading in the stock market in June. There are few economic reports due to post during the first half of the upcoming trading week and this could mean that trends will be pushed by the momentum that built during the latter half of last week. We all no what kind of slop this could present.
Investors will look for stocks to rebound during the first full week of open trading in the stock market in June. There are few economic reports due to post during the first half of the upcoming trading week and this could mean that trends will be
Investors will look for stocks to rebound during the first full week of open trading in the stock market in June. There are few economic reports due to post during the first half of the upcoming trading week and this could mean that trends will be
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