Jobs Report Reaction, Stock Market: Good News Is Bad News

<p>The Jobless Claims report indicated $1.438M in continuing claims. The Futures prices were lower following the report. "The trend is going in the direction of increasing labor activity, which is causing the Federal Reserve to take an aggressive stance. This is a positive trend from a long-term perspective, but the stock market today is in a good news is bad news position," says Dan Deming.</p><p><br></p>