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Strong Dollar Limits Foreign Demand, Weakens U.S. Stocks
Stocks were weaker earlier in the session because China released bad trade balance numbers. This may have carried over into the U.S. opening with a little bit of over-reaction to the jobs report. The positive growth in wages and the drop in unemployment outweighed the plunge in the number of employees added to the payroll.
https://finance.yahoo.com/news/strong-dollar-limits-foreign-demand-020003031.html?.tsrc=rss
Stocks were weaker earlier in the session because China released bad trade balance numbers. This may have carried over into the U.S. opening with a little bit of over-reaction to the jobs report. The positive growth in wages and the drop in unemployment outweighed the plunge in the number of employees added to the payroll.
https://finance.yahoo.com/news/strong-dollar-limits-foreign-demand-020003031.html?.tsrc=rss