US EditionStocks Not Fretting Payrolls
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Stocks Not Fretting Payrolls
Earlier this morning, when we actually had a negative sign in front of the day’s change for the S&P 500 (SPX), I got a few questions about why we might have been trading lower. Concerns about the economy seemed to be the answer after yesterday’s weak ADP and ISM Services reports combined with higher Jobless Claims and Unit Labor Costs this morning. Despite the run of bad news on the labor front, options traders nonetheless still appear to be s…
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