Thursday, October 5, 2017

FRIDAY 10/6/17; US Dollar Index Above 94; Pound Falls as UK PM May’s Leadership is Challenged; US Monthly Jobs Report; 33K Jobs Lost First Negative Number in 7 Years; Oil Collapses -3%; WTIC Oil Below 50; Fed Speak; Wholesale Trade; Consumer Credit

US futures are flat. S&P -2. Dow -12. Nasdaq -5. Global investors are waiting on the US Monthly Jobs Report that hits at 8:30 AM EST.




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General Electric stock has performed like a piece of garbage over the last year so the executives likely figured the sooner changes are made the better. GE drops -0.4% in late trading adding to the -0.6% loss during the regular session. Traders may be thinking the new boss looks a lot like the old boss.

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