BMO on US jobs

Market news

2 June 2011

BMO on US jobs

BMO reminds that initial jobless claims data are volitile but says key is that "the 4-week moving average has been over the 400k mark for six straight weeks" - not a friendly trend.

Dow -9.38 at 12280.76, Nasdaq +11.04 at 2780.23, S&P +1.09 at 1315.65

Dow -15.06 at 12275.08, Nasdaq +8.41 at 2777.60, S&P -0.14 at 1314.41

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