After the race is down here on the floor of the and
take a look at the floor of the New York Stock Exchange, light
meals,
celebrating the open
and Burke her financial services up there
at the NASDAQ in Times Square. So we can take a look at the stock market.
Here's a look at the big board down here on the floor of the stock exchange.
We do see losses across the board and it's still that old saying in this case,
good news is bad news and that's because good economic news,
like a better than expected jobs report this morning
and a big one coming tomorrow as well,
actually exceeding expectations.
That's bad news.
Investors see it as bad news because it does
anticipate that the fed will keep raising rates,
making borrowing costs more expensive and putting downward pressure on stocks.
The dow opening down about 6/10 of A percent. The S and P down 8/10 of a percent.
The NASDAQ down 1%.