| Last | Change | Percent | |
| S&P Futures | 1399.1 | -2.9 | -0.21% |
| Eurostoxx Index | 2286.9 | -3.3 | -0.14% |
| Oil (WTI) | 103.05 | -2.2 | -2.1% |
| LIBOR | 0.466 | 0.000 | 0.00% |
| US Dollar Index (DXY) | 79.17 | -.349 | 0.44% |
| 10 Year Govt Bond Yield | 1.92% | -0.02% | |
| RPX Composite Real Estate Index | 173 | -0.4 |
Markets are lower this morning on disappointing economic data. Initial Jobless Claims came in at 365k, which was better than expectations, however last week was revised upward to 392k. Bonds and MBS are up slightly.
Chicago-based job placement firm released its monthly job cuts report this morning, which tracks announced job cuts. US-based employers announced a total of 40,559 job cuts in April, up 11% from last year.
The Institute for Supply Management released its April Non-Manufacturing Report this morning, which showed the pace of expansion has slowed. The index dropped to 53.5 from 56. A number above 50 indicates expansion.
Today is the first Thursday of the month, which means retailers are reporting same store sales. Generally, they were disappointing, with The Gap, Costco, and Target leading the charge.
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