Markets begin with a downward bias

Stocks were slipping slightly ahead of the opening bell at the NYSE. Today might be another quiet kind of day. Oil & gold off to a good start as both are leaving their support levels behind.


CLK10.NYM
Crude Oil May 10...83.11
__0.74__(0.9%)


GCJ10.CMX
Gold Apr 10...1,109.90
__5.50__(0.5%)




Employers shed 23K jobs in Mar, below expectations for an increase in jobs. However, the numbers were still less than the adjusted 24K jobs lost in Feb. Statistics are from a report by a private employment service. This follows a rise of 40K private-sector jobs last month. After suggesting a weak recovery, this will give a negative bias at that the opening.



Greece is planning another offering of bonds to help pay off their debts. There is not a lot of news expected on the last day of Mar & qtr. The averages had a good month, Dow is up 6% but the advance has been fading in recent days. I'm taking the rest of the day off, have a good day.

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