The November Unemployment rate comes down for the first time in a long time.
The Unemployment rate for November came in at 10.0% a change from 10.2% in October. This is the first time it has been down any in a long time. Non Farm payrolls were down 11,000 jobs.
Before the announcement the Futures showed the Dow up 25 and now it is up 130 points in pre market. The Nasdaq looks good as well as it is up 25 points now in premarket.
UPDATE 1:30pm PST
The Dow closed up 22 points but was as high as 148 points higher, earlier in the day.
Before the announcement the Futures showed the Dow up 25 and now it is up 130 points in pre market. The Nasdaq looks good as well as it is up 25 points now in premarket.
UPDATE 1:30pm PST
The Dow closed up 22 points but was as high as 148 points higher, earlier in the day.
Labels: jobs, Non Fram payroll jobs, Unemployment rate
posted by Charles Amico at 5:25 AM
1 Comments:
put in an order for 100 TZA @ 10.90... but I'm still getting clobbered.
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