The Market On Thursday

Good morning. It is 65 degrees, sunny, and breezy here in Upstate NY. It is gorgeous out. The weather logo for today has a rain cloud though. The local farmer's market starts up this weekend. I am looking for to the homemade black and white cookie. You just can't beat a black and white cookie.

At 8:25 a.m. futures are slightly up, the dollar is down, and oil is slightly down.

Investors are parsing through data which is saying that the recovery is slowing. Job creation is the focus for the week. Tomorrow's government data on jobs in May is still high priority. There not much else to say, the economy is sputtering along. We know this already. The question seems to be how much is it slowing and sputtering. Is it enough for the indexes to begin a steady slide or is there enough activity to keep things trading in their present range.

CNN: Stocks: All eyes on job market

A late downgrade on Greece's debt added to the rout.(on Wednesday)


The Commerce Department will release its April factory orders report Thursday morning


Oil for July fell slightly to hover around $100 a barrel. AAA reported Thursday morning that gas prices rose to $3.784 per gallon...