The futures were positive this morning until...
These two reports suggest that the jobs market is still very strong so investors interpret that as the Fed needing to continue to raise interest rates aggressively.
That's the world we're living in right now where good news is bad news.
Tomorrow we'll get the non-farm payrolls jobs report where estimates are looking for 200,ooo - 215,000 jobs gained, and an unemployment rate of 3.7%. If it's 3.8% we may actually get a rally.
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