Last | Change | Percent | |
S&P Futures | 1374.7 | -15.5 | -1.11% |
Eurostoxx Index | 2392.5 | -5.9 | -0.25% |
Oil (WTI) | 101.65 | -1.7 | -1.61% |
LIBOR | 0.4692 | 0.000 | 0.00% |
US Dollar Index (DXY) | 79.92 | 0.034 | 0.04% |
10 Year Govt Bond Yield | 2.03% | -0.02% | |
RPX Composite Real Estate Index | 170.61 | -0.1 |
Slow news day.
Equity futures are lower on the back of Friday's lousy employment report. Bonds and MBS are rallying, with the 10-year again flirting with t a 2% yield. European markets are closed for the Easter holiday, so volumes will be light.
Friday's employment report showed an increase of 120,000 private sector jobs and a drop in the unemployment rate to 8.2%. The reason for the drop in unemployment was due to a drop in the labor force participation rate, which has fallen from 64% to 63.8% since December. These are the 99-ers who have exhausted their unemplyment benefits and no longer count as part of the labor force.
Alcoa kicks off Q1 earnings season tomorrow after the close
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