{"id":114401,"date":"2017-10-09T07:15:24","date_gmt":"2017-10-09T11:15:24","guid":{"rendered":"http:\/\/countingpips.com\/?p=114401"},"modified":"2017-10-09T06:59:19","modified_gmt":"2017-10-09T10:59:19","slug":"us-stocks-slip-on-weaker-than-expected-jobs-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/10\/us-stocks-slip-on-weaker-than-expected-jobs-report\/","title":{"rendered":"US stocks slip on weaker than expected jobs report"},"content":{"rendered":"
October 9, 2017<\/div>
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By IFCMarkets<\/a><\/p>\n

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SP 500, Dow fall while Nasdaq ends at record high<\/h2>\n<\/div>\n<\/div>\n

US stocks<\/b>\u00a0closed lower on Friday on weak September jobs report. The dollar was little changed as nonfarm payrolls shrank 33 thousand though a 80 thousand gain was expected : the\u00a0live dollar index<\/a>\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, inched down 0.01% to 93.803.\u00a0S&P 500<\/a>\u00a0fell 0.1% to 2549.33, with eight out of 11 main sectors finishing in the red.\u00a0Dow Jones\u00a0<\/em>industrial average lost 2 points to 22773.67. The\u00a0Nasdaq\u00a0<\/em>composite index rose 0.1 % to record high 6590.18.<\/p>\n

\"DJI<\/p>\n

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European stocks retreat<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>ended lower on Friday as Spain and Catalonia looked for a way out of the political crisis provoked by Catalonia independence referendum and Madrid apologized for the violent police crackdown on referendum. The\u00a0euro\u00a0<\/em>rebounded against the dollar while\u00a0British Pound\u00a0<\/em>slipped on speculation UK Prime Minister Theresa May might resign after her \u201cdisastrous\u201d speech at the Tory party conference on Wednesday and continued gridlock with Brussels over Brexit. The Stoxx Europe 600 index ended the session down 0.4%. The\u00a0DAX 30\u00a0<\/em>lost 0.1% to 12955.94. France\u2019s\u00a0CAC 40\u00a0<\/em>fell 0.4% while UK\u2019s\u00a0FTSE 100\u00a0<\/a>rose 0.2% to 7522.87. Indices opened mixed today.<\/p>\n

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Asian markets up despite weak Chinese data<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly higher today in thin trading with markets in Japan and South Korea closed for holiday. Chinese services activity survey indicated Caixin services PMI fell to a 21-month low at 50.6 in September from 52.7 in August. The composite index came in at 51.4 from 52.4 in August. A reading above 50 indicates expansion.The\u00a0Shanghai Composite Index\u00a0<\/em>is up 0. 8% after opening following a week-long holiday, while Hong Kong\u2019s\u00a0Hang Seng\u00a0<\/em>Index is 0.4% lower. Australia\u2019s All Ordinaries Index is up 0.5% supported by a weaker Australian dollar against the greenback.<\/p>\n

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Oil higher<\/h2>\n<\/div>\n<\/div>\n

Oil futures prices\u00a0<\/b>are edging higher today on expectations that Saudi Arabia would continue to restrain its output to support the market. Prices fell Friday as traders anticipated lower demand for crude on refinery shutdowns as hurricane Nate approached US Gulf coast. December Brent ended 2.1% lower at $55.62 a barrel on Friday, falling 2.1% for the week.<\/p>\n

Market Analysis provided by IFCMarkets<\/a><\/p>

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Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets SP 500, Dow fall while Nasdaq ends at record high US stocks\u00a0closed lower on Friday on weak September jobs report. The dollar was little changed as nonfarm payrolls shrank 33 thousand though a 80 thousand gain was expected : the\u00a0live dollar index\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-114401","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/114401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=114401"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/114401\/revisions"}],"predecessor-version":[{"id":114414,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/114401\/revisions\/114414"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=114401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=114401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=114401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}