Yesterday's market was highlighted by
an impressive rally in which the
Dow soared over 400 points, while the
Comp gained nearly 150 points. Today, the market gets set to absorb the release of the Labor Department's
The data -- which includes nonfarm payrolls, the unemployment rate, the average workweek and average hourly earnings -- are considered the best measure of the overall health of the economy and will set the tone for other indicators that will be released this month. Look for it to weigh in heavily on today's trading session.
In IPO news,
a maker of electronic food pasteurization systems, comes out of its quiet period today.
Shares of the San Diego-based startup traded up 8.7% to $9.38 yesterday.
Forecasts are from
. Times are Eastern. For a longer-term economic calendar and more, see
- 8:30 a.m.:
Employment report for March. Source:
Labor Department. Forecast: 58,000. Previous: 135,000.
Avearge hourly earnings. Source:
Labor Department. Forecast: +0.3%. Previous: +0.5%.
Unemployment rate. Source:
Labor Department. Forecast: 4.3%. Previous: 4.2%.
Augmented unemployment rate. Source:
Labor Department. Forecast: n.a.. Previous: 7.1%.
Pool of available workers. Source:
Labor Department. Forecast: n.a.. Previous: 10.4M.
9:40 a.m.:Future Inflation Gauge for March. Source:
Economic Cycle Research Institute. Forecast: n.a.. Previous: 111.3.
IPO Quiet Periods Expiring
Ben Holmes, who heads
ipoPros.com subsidiary, keeps a close eye on quiet period expirations every week. For more on quiet periods and why they matter, check out Holmes' primer on the subject. The full current : quiet period list is published separately. For information on IPO pricings, filings and aftermarket activity, plus a calendar of upcoming IPOs, check out
IPO data section.
Quiet Period End
Speeches & Testimony
- Fed chairman
Alan Greenspan delivers a speech on education at a community conference in Washington, D.C., at 12:15 p.m. EST.