Good morning team! "Nasdaq, S&P 500 and Dow Jones industrial average each rolled 1.8% higher" all in higher volume as IBD changes the flag to 'uptrend'. Meanwhile metals were only off a bit holding on to a base that started last Halloween. Futures right now see profit taking all around w/ stock indexes off -0.09%, metals -0.22%. Labor-report-day today an hour before opening:
Nonfarm Payrolls
Nonfarm Private Payrolls
Unemployment Rate
Hourly Earnings
Average Workweek
Wholesale Inventories
fwiw:
Jobs Friday!
FactSet consensus +243K NFP, +225K private, manufacturing +12K, U3 5.8%
Wage growth lackluster (+1.7% annual, December -0.25)
Nov revised UP to +353K