Everybody waiting to see what happens. 8 30 a. M. S p futures down by less than a point. The nasdaq up by 1. 5. Yesterday you saw the nasdaq close down by basically it was flat. It was down 0. 9 points or something. It was flat. Dow and nasdaq did manage to eke out gains. Check out what happens overnight in asia. The nikkei looks like it was flat lining as well. Up 3. 5 . Shanghai comp and hang sang both a little bit higher. In europe, youll see thing are relatively positive if evfor th major averaging at least. Dax up slightly. And lets take a look at crude oil. This was the wbig story yesterday. Major pull back for crude oil prices. We have had people who have told us this week that crude was going to come down because of seasonality issues. We did see numbers this week. That has put pressure on wti. Now to the weather. Hermine has downgraded to a Tropical Storm, but not before becoming the first hurricane to make land fall in florida since 2005. The storm brought 80mileperhour winds
Us with more anticipation and hand wringing and questions because the data showed the rate of hiring slowed in august and did cast doubt on whether its enough for the fed to act. The economy added 151,000 new jobs last month. That was below the estimates of 180,000. And it was down more than from the 270,000 we saw in june and in july. By the way, the Unemployment Rate held steady at 4. 9 . Hampton pearson tells us what it all means. Reporter manufacturing and construction sectors lost a combined 20,000 jobs. Labor secretary thomas perez cited weak Global Expansion and the strong dollar as headwinds for u. S. Manufacturers. Manufacturing is an exportdependent industry, and when you have a strong dollar and you have so many other economies that havent seen our recovery, thats a real challenge. R average Hourly Earnings now just under 26 an hour, barely moved in august. And are up just 2. 4 year over year. Fed watchers say todays wage number is not what fed chair janet yellen wants to se
Us with more anticipation and hand wringing and questions because the data showed the rate of hiring slowed in august and did cast doubt on whether its enough for the fed to act. The economy added 151,000 new jobs last month. That was below the estimates of 180,000. And it was down more than from the 270,000 we saw in june and in july. By the way, the Unemployment Rate held steady at 4. 9 . Hampton pearson tells us what it all means. Reporter manufacturing and construction sectors lost a combined 20,000 jobs. Labor secretary thomas perez cited weak Global Expansion and the strong dollar as headwinds for u. S. Manufacturers. Manufacturing is an exportdependent industry, and when you have a strong dollar and you have so many other economies that havent seen our recovery, thats a real challenge. R average Hourly Earnings now just under 26 an hour, barely moved in august. And are up just 2. 4 year over year. Fed watchers say todays wage number is not what fed chair janet yellen wants to se
Us with more anticipation and hand wringing and questions because the data showed the rate of hiring slowed in august and did cast doubt on whether its enough for the fed to act. The economy added 151,000 new jobs last month. That was below the estimates of 180,000. And it was down more than from the 270,000 we saw in june and in july. By the way, the Unemployment Rate held steady at 4. 9 . Hampton pearson tells us what it all means. Reporter manufacturing and construction sectors lost a combined 20,000 jobs. Labor secretary thomas perez cited weak Global Expansion and the strong dollar as headwinds for u. S. Manufacturers. Manufacturing is an exportdependent industry, and when you have a strong dollar and you have so many other economies that havent seen our recovery, thats a real challenge. R average Hourly Earnings now just under 26 an hour, barely moved in august. And are up just 2. 4 year over year. Fed watchers say todays wage number is not what fed chair janet yellen wants to se