Rationale for Pre-Holiday Payroll Release
By Kristina Zurla Landgraf • Jul 2nd, 2009 • Category: Broker Commentary, Market Updates, Trader ViewpointsThe worse-than-expected June employment report is dampening pre-holiday spirit in stocks and commodities before the 4th of July holiday. Lind Plus Senior Market Strategist Richard Ilczyszyn said when there is a holiday on a Friday, the Labor Department often delays the employment report release until the following week. But this time, the report was released [...]
