Bad News is Bad News: Stocks Slip as Payrolls Disappoints

Stocks are headed for a lower open this morning after the U.S. economy added fewer jobs than forecast by economists , suggesting a slowdown in the growth rate of the world's largest economy. S&P 500 futures have dropped 0.4%, while Dow Jones Industrial Average futures have declined 0.3%. Nasdaq Composite futures have fallen 0.4%. The Lindsey Group's Peter Boockvar has the details on the payrolls data:
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