Morning Market Stir: Futures and Commodities Preview

From the floor of the CME group Alan Knuckman discusses the negative markets yesterday and what it indicates for Friday, August 1.
Author:
Publish date:

From the floor of the CME group Alan Knuckman discusses the negative markets yesterday and what it indicates for Friday, August 1. The S&P closed down 2%, the DOW is now negative on 2014 and was down 1.8% yesterday, and the NASDAQ closed down 2.1%. The employment number just came out today with 209,000 jobs added compared to the expected 230,000. On Fridayt, August 1 the S&P is down 3 at 1921.5, the DOW is down 30 and the NASDAQ also down. Dollar index is steady and the euro currency is at 134, the bond market is down at 137.07, the 30-year is at 3.34% yield and the 10-year is at 2.55%, crude is down $.50 and gold is up 4.