Afternoon Note
Job Openings in America Climb Faster Than Expected
By Charles Payne, CEO & Principal Analyst
7/7/2020 1:43 PM
In May, there were 5,397,000 job openings up from 4.99 million, while the experts were looking for a decline to 4.85 million.
The news put a jolt into the session – prior to releases (9:59) trading levels
- S&P 500 3,168
- Dow Jones 26,091
- NASDAQ 10,429
The S&P 500 and Dow Jones pullback, but NASDAQ continues to roar ahead. Overall, it is a summer doldrums, as the session awaits for news.
|
Issues: |
NYSE |
NASDAQ |
|
Advancing |
936 |
1,324 |
|
Declining |
1,934 |
1,866 |
|
52 Week High |
43 |
106 |
|
52 Week Low |
2 |
16 |
|
Advancing |
571.71M |
862.79M |
|
Declining |
973.40M |
1.08B |
With that in mind, sellers are not bolting for the door and that speaks volumes.
Let's not force the issue this afternoon.
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