Today crude oil opened above $57 per barrel, the yield on the 10 Year Treasury note was 2.38% and stock futures were pointing upward. Market watchers expect that there will be 190,000 new non-farm jobs added when the government jobs report is released on Friday. Fed funds futures are down to a 90% chance of a rate hike in the wake the 1.4% year over year increase in the PCE (Personal Consumption Expenditure). The Dow dropped 109 points on the day.
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