US stocks turn volatile ahead of key jobs dataPosted on 07 June 2013 with no comments from readers
US stocks turn volatile with the S&P 500 Index erasing earlier losses to snap a two-day losing streak, as investors weighed the Federal Reserve’s stimulus plans before a report on employment growth on Friday.
All eyes are yet again on the Fed, although a bad number could be good news for the market if it results in more and not less QE money printing. We live in an upside down world where investors seem oblivious to the obvious dangers.
Olivia Sterns reports on Bloomberg Television’s ‘First Up’…