Outperformance of a lot of these subsectors, you are looking at transports, small caps up almost 3 on the day. These other good signs we want to see. Obviously a lot of optimism that a deal between the u. S. And china is being worked out. A lot of this predicated on a couple of tweets i President Trump that seem to intimate that something is imminent. We dont know what, but right now that is enough for the market to rally on. In the bond market here, your 10 year yield 1. 75 . Keep in mind where we were it week ago today, about 21 basis points lower than that. Your three months10 year yield curve spread, we inverted back in may. We inverted for the First Time Since we inverted we uninverted for the first time today since may. Your dollar a little lower today. We will keep an eye on what is going on in the oil market. A little bit of negative news with regards to what we heard with that iranian tanker. Guy the pound trading sharply higher. Feels like a squeeze. Probably is a squeeze. We
The stoxx 600, let me walk you through whats going on. Thats the reaction to the payroll this afternoon, a blip on an overall negative chart. It was the nonmanufacturing ism number that really spooked the markets. Wednesday was a really tough day for european markets. Since then, weve been bumping along the floor. The market down at the moment by about 3. 1 for the week. A look at the individual movers today. Stocks are higher, but it is a relatively small moose versus the losses we had ash relatively small move versus the losses relatively small move versus the losses weve had. Theres the pound, trading 1. 2285. Youve got 10 days of negotiation around Boris Johnsons latest attempt to get brexit through. The pound having a tough session. Vonnie. Vonnie lets get back to the jobs data. 136 thousand jobs were created in september, just shy of estimates. Augusts number was revised higher by 38,000. Average Hourly Earnings growth missed. The Unemployment Rate unexpectedly improved, dropping