Good morning. U.S. May payrolls fell 49,000 with an unemployment rate of 5.5%. Premarket futures have taken a dive following the disappointing news.
Premarket gainers:TMWD, PARL, ISPH, NSM, APWR, ROYL, PDO, SORC, WVCM, BUCY, ASMI, XJT, ENER, ACLS, RCH, PBR, CALM, CXO, CFC, NBL, NDAQ, ZQK, & GLBL.
Premarket losers: GEOI, GENT, BE, FMCN, NWK, VCGH, RYAAY, MRVC, UAUA, RBS, LYG, DPTR, GOLD, VLTR, AAUK, GTI, NCC, PVTB, TSL, QTWW, & WIN.
Today will be all about the reaction to the jobs data and the reaction will be helpful to us as a sentiment tell. Along with a negative open, look for support at this week's lows. In addition, much like yesterday, oil prices are moving higher this morning and you'll want to keep a close eye on that as well.
Have a great Friday!