TSP Talk Blog

Stocks dropped sharply after the announcement of the Jobs report on Friday, which showed that 38,000 jobs were added in May. That was over 100,000 fewer than expected, while the unemployment rate fell to 4.7%. The Dow opened lower and was down nearly 150-points in the first hour of trading, but like the prior days last week, dip buyers showed up and we saw the indices close well off their lows, although still in negative territory as the Dow gave up 31.50. All three TSP stock funds ended with ...