Despite a slower start, the S&P 500 followed trading up to resistance at 2744-2745.25 and the highest level since March 19. Here, Friday morning, we discussed the increasing likeliness that Nonfarm Payroll would be beneficial to stocks and that is exactly how a strong report played out; Average Hourly earnings and job growth both topped expectations at +0.3% and 223k respectively. Benchmarks around the globe are higher this morning with Asia leading the way; the Nikkei is +1.37% and the Hang Seng +1.66%.
- Next story Tradable events for the week of June 4
- Previous story EUR/USD Rate Outlook Mired by Renewed Greek Fears
- Gold Prices May Rise as US, China Trade Spat Sinks Bond Yields
- Trade Wars Shake the Dow but No Freefall Yet, Dollar Stuck at the Border
- One Area Where Caveats Don’t Undermine Dollar Outlook: Emerging Markets
- AUD Vulnerable as US Mulls More Chinese Tariffs, RBA Minutes Pass
- EUR/USD Technical Analysis: Euro Down Move to Accelerate?
AAT BABA,BAX,OTCPK:NSRGY Banks Bitcoin Blockchain Blog Buy Gold CBRL China crisis Cryptocurriency Currency Debt DOLLAR Economy EGO European Union FB GE,PRGO,APC,DXC,WBA,ADI,WPM GLO,MSD,HTZ,THC,AKS,AVP,SM Gold goldcoin gold coin Gold coins Gold Price Gold Trend Analysis hard money HP inflation Investment KRNT,TRIL,TUES,SYRS,MRAM,MVIS,IOTS LSE:ACA Money News NOMD NXPI,DVMT,SINA,RYAAY,WFT,GOGO,AABA NXPI,ESES,AAP,HK,GST,CFCO,UPL ORCL,AMZN,MSFT,IBM Quantitative easing savings SPY,DJI,QQQ Uncategorized United Kingdom USA VIAV,MMYT,KHC,EPC,TWX,BABA,AABA