The Market On Wednesday

At 7:15 futures were ever so slightly down, the dollar is in mixed territory against the euro and yen, and the price of oil is up per barrel.

With the DOW slightly over 10,900, even yours truly is beginning to think that 11,000 and beyond is coming.

Investors will be anxious to hear numbers on payrolls. The thought is that the US added jobs in March. Now that would be something. The news surrounding job creation has been dire, and if the bleeding is over, well that would be welcome news.

CNN: Stocks set to pull back

Economists surveyed by Briefing.com expect ADP to report that employers in the private sector added 40,000 jobs to their payrolls in March after cutting 20,000 in February.


U.S. light crude oil for May delivery rose 25 cents to $82.62 a barrel.

Reuters: Futures point to lower Wall St open

...some caution persisting ahead of a private sector jobs report.


The U.S. economic recovery is gathering speed as business activity picks up pace, despite lingering weakness in employment, Dallas Federal Reserve Bank President Richard Fisher said on Tuesday.