Bad News is Bad News: Stocks Slip as Payrolls Disappoints
February 05, 2016 at 08:58 AM EST
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: