Pre-open:
On cue, NQ 2003 was indeed resistance. Productivity was up, ADP shows plus gains in jobs, Challenger has a 103,522 job cut: link.
June 4 (Bloomberg) -- Job cuts announced by U.S. employers increased in May to the highest level in more than two years, reflecting the crisis in financial markets and reductions by automakers, according to a report by a private placement firm.
ISM at 10.
On cue, NQ 2003 was indeed resistance. Productivity was up, ADP shows plus gains in jobs, Challenger has a 103,522 job cut: link.
June 4 (Bloomberg) -- Job cuts announced by U.S. employers increased in May to the highest level in more than two years, reflecting the crisis in financial markets and reductions by automakers, according to a report by a private placement firm.
ISM at 10.
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