Friend, US Stocks Drift Sideways After Disappointing Jobs Report | Tradinggods.net

[TradingGods.net Logo] Yellow Flag For Equities ****Advertisement***** [Harry Dent's New E-Book is Available for Download]( Harry's shocking e-book will change the way you protect your money during this market crash. The ONE safe haven "experts" have been telling you to send your money to is actually anything but! It's essential you get this e-book today and save yourself from making a fatal mistake with your wealth. [Grab your copy and your free subscription to the Economy & Markets newsletter here.]( *****Advertisement*****. Dear Trading God Friend, US economy added 98,000 jobs in March, far fewer than expected. [US stocks]( stabilized Friday after a disappointing jobs report cast doubts about the strength of the domestic recovery at the end of the first quarter. The large-cap S&P 500 Index (NYSEARCA:SPY) ended lower after a back-and-forth day. The index settled down 0.1% at 2,355.54. Five of 11 sectors finished in positive territory. The Dow Jones Industrial Average (NYSEARCA:DIA) pared gains to finish flat at 20,656.10. Meanwhile, the technology-heavy Nasdaq Composite Index (NYSEARCA:QQQ) ended at 5,877.81, virtually unchanged from the previous close. A measure of implied volatility known as the CBOE VIX (NYSEARCA:VXX) climbed 3.9% to 12.87. The volatility gauge rose sharply in mid-week trade before stabilizing on Thursday. The US economy saw a slower pace of hiring last month, although analysts largely attributed the slowdown to weather disruptions. The Labor Department said nonfarm payrolls rose 98,000 in March, following a downwardly revised 219,000 in February. The unemployment rate declined unexpectedly to 4.5% from 4.7%, the lowest since 2007. In commodities, oil prices rose to monthly highs despite another rise in the US weekly rig count. Crude futures rose 1% to $53.23 a barrel in New York. Brent crude, the international benchmark, advanced 0.5% to $55.17 a barrel. Baker Hughes reported Friday that the number of active US oil rigs rose by ten to a total of 672. That was the tenth consecutive increase. The Final Word: Markets stabilized Friday after a brief move to haven assets stoked by President Trump's missile strike on a Syrian airbase. The executive order signaled a stark reversal from Trump's previous criticism of intervention in the war-stricken country. [Take VIX Trader for a spin today!]( Sincerely, Dan, The Trading God dan@tradinggods.net []( [Ridgeline Media Group LLC BBB Business Review]( Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to TradingGods.net [Disclaimer,]( [Terms of Use,]( [Privacy Policy]( before accessing or using this or any other publication by TradingGods.net or Ridgeline Media Group, LLC. Ridgeline Media Group, LLC does not endorse any products that may be advertised in this email. If you no longer wish to receive our emails, click the link below: [Unsubscribe]( Ridgeline Media Group LLC 70 SW Century Drive Suite 100-148 Bend, Oregon 97702 United States Media Group, LLC/html