S&P 500 DROPS AS WEAK JOBS REPORT STOKES ECONOMIC GROWTH CONCERNS

S&P 500 futures are currently trading at 2723- lower by 0.97% as compared to the previous close. The index futures have been closing in negative territory since the last 4 trading sessions.

In the cash markets, the benchmark index inched down 0.89% to 2724.32 at the time of writing. U.S. equities fell today after the government released employment data that badly missed expectations, adding to growing concerns that the global economy may be slowing down.

Democratic Senator Elizabeth Warren said if elected president she would seek to break up tech giants Amazon.com, Alphabet Inc.’s Google and Facebook. The technology sector fell 0.42% and was the biggest weight on the S&P 500, while Facebook, Amazon, Apple Inc., Netflix Inc. fell between 0.2% and 1.3%.

Amid widespread pressure on energy shares, stocks of Exxon Mobil Corp. were among the index’s biggest losers, falling 1.87% after being downgraded by Cowen to market perform from outperform.

DowDuPont Inc. stocks fell 0.55% after the board of the materials and chemicals giant approved the separation of its materials science division, setting up the creation of a new publicly traded firm called Dow.

On the other hand, Costco Wholesale Corp surged 4.78%, the most on the S&P 500, after the warehouse club operator’s quarterly profit trumped estimates as margin pressures eased.

Big U.S. banks on the index pared their losses, with Bank of America Corp, JPMorgan Chase & Co, Morgan Stanley, Citigroup Inc. trading between flat and down 0.4% at the time of writing.

For the week, the S&P 500 is on track to lose 2.7%. The broad-market index recorded five new 52-week highs and five new lows.

On the economic front, Nonfarm Payrolls for February released earlier today came in at 20,000- below the market expectation of 180,000. Official data also showed that last month was the weakest month of jobs creation since September 2017.

On the technical front, the RSI is currently at 41.65% and suggests that the market can move in the downward direction. The current price is below the MA5 (2762). The current price is below the lower band of the Bollinger bands and is heading downwards.

Overall Bias is Negative and Short-term trades can be initiated with tight Stop Loss and Take Profit targets.

 

Trade Suggestion-Limit Sell At 2727, Take Profit At 2712 Stop Loss At 2735

2 Comments

commenter

download casino games free for pc

March 08, 2019  /  Reply

The social media explosion has changed the way events were being organized so far.

Prestashop for social networking has been serving a lot for a marketing and promotion tool these sessions.

Today, organizers across the earth explore every aspect that a social
media site offers to promote events. In fact, social media is
infused with today’s event promotion strategy, thus opening
up new avenues encourage events virtually.

Post offers or early bird offers on the Deals page. The more you leverage the temptation buyer on impulse, the very likely you should be have an effective campaign.
Assist make your offer irresistible and give people good incentive to “act soon.” Creating irresistible offers is the best way to generate leads and
succeed. GoodBuzz offers the ability create a deals and activate them through the promotional power of your peer computer
network. Exclusive offers allow you to follow which peers are promoting your campaign the cheapest.

This may seem basic, but believe it or not when I began hosting spiritual events To become
so excited to present my workshops that live22
website I truly forgot request this enquiry.

It’s really quite in order to add someone to your net page.
It’s a simple widget which could be accessed online, and
just enter the particular title make the timer for the space you require.
Ready, set, go!

Each member has a Facebook “wall” where friends can post messages.
Previously world of economic networks could be the online equivalent of the contact us by calling.
You can be a complementary to be able to colleague by writing on their wall, reply to your new service or
product offerings or alternatively a training an opportunity to come.

Scroll down and you will see results for “Top searches” and
“Rising Searches” This is what we’re intrigued by.
Take note of popular yet similar terms that you should use
together in a single blog story.

Don’t overdo it. People despise getting event invites every week;
I always stress once a band is excited about how they
sound, should cut back the number of shows they play any kind of given area to one per fair amount
of time. This makes simple to use to promote, and you might
not bother the Facebook users with every bit of those Facebook event invitations and what-not.
Keep the shows sparce and way too people ought to go to them once they do take. http://raguweb.net/outlink/link.php?url=http://pgrl.ru/bitrix/rk.php%3Fgoto=http://lpe88.life/index.php/other-games/live22

commenter

m rollex 11

March 08, 2019  /  Reply

There isn’t much difference between the standard 7 card stud game and 7 Card Stud Hi/Lo.

Hard work just one major change and several smaller transforms.
Most players in order to play recreation in an active casino
even though the game is situated on the on the net. The game has
fixed limit rules. Earn money standard type of the game, this game has
so many betting rounds that the winning hand is sure to be huge.

Poker Analysis Software and Stats – Playing online also a person with the capability use additional software that displays and records statistical information anyone and your opponents.

This form of software application also archives every hand you play, giving
you additional to help review and analyze both hands and may played them.

Many people gamble and play from a casino for the fun and thrills associated to the games.
With online free casinos, you share the same level of fun, thrills and excitement every time you play online.
In fact, plenty of online casinos which ensure that you get an environment that
seems as if rollex11 easy play have fun with playing. There are
times that you can even compete with real live players and
believe it or not, you can hear real casino noise depending on your preferences.

If an individual might be well aware of the classic card game blackjack, then playing the game is
just a child’s performance. This game spreads out in four different lanes where cards pop away.
Players can wish to hit the cards dropped inside any of
the four roads. The main aim is to make as many stacks of 21 it
could and time comes to an end. Overall, the game lets players do quick moves and increases their concentration and consistency.

If you can’t get away any time soon, something else you could do is do some gambling web.
When you are thinking about having some fun, you should be
thinking about doing some online game playing.
You can even ask our friends to join so it’s like the gambling
at the same time. You never have to be worried about getting associated with gambling
online because are generally three basic a associated with different games online.

Not only do you save money on a physical journey to the casino, but in addition, you pay less
rake (most online casinos have a cap of $3.00) and get to
snub the dealer of an advice. Thankfully, pc dealer doesn’t
care-he’s loaded on virtual drinks many.

If you wish to try out a number of games present online casino gaming
sites, then you must deposit money at each rather than carrying money around with
this increasing possible at live casino houses. It depends upon you whether you will it
comfortable to play at an active casino parlor or a broadband casino. http://www.bilgineferi.com/forum/url.asp?url=http://images.google.md/url%3Fq=http://lpe88.life/index.php/other-games/rollex11

Leave a Reply

Your email address will not be published. Required fields are marked *