First Friday of the month is always a big financial news day since jobs numbers are released. Some of the latest data -
Nov adds 228k jobs vs 195k estimate
Unemployment rate holds at 17 year low of 4.1%
Manufacturing jobs UE rate falls to 2.6%, all time low and first time ever under 3.0% (SO important since manufacturing ultimately drives services, huge for growth.)
Digesting this strong economic news, we have an implied open of the Dow up 132.50.
Nov adds 228k jobs vs 195k estimate
Unemployment rate holds at 17 year low of 4.1%
Manufacturing jobs UE rate falls to 2.6%, all time low and first time ever under 3.0% (SO important since manufacturing ultimately drives services, huge for growth.)
Digesting this strong economic news, we have an implied open of the Dow up 132.50.
