Friday, August 1, 2014

Dow factoring in world event changes today: the shock yesterday seems to be factoring in

If you notice the Dow was down only 69.95 today which means people are starting to factor in the information regarding Argentina, war in Israel and Gaza and the sanctions against Russia and whatever else is going on in the domestic U.S. market. 

Here is a quote from yahoo financial:

 

 

U.S. job growth cools, unemployment rate rises

U.S. job growth slowed a bit in July and the unemployment rate unexpectedly rose, pointing to slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while. Nonfarm payrolls increased 209,000 last month after surging by 298,000 in June, the Labor Department said on Friday. Although job growth was below expectations, July marked the sixth…

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