October 04, 2019

Equities got a much-needed boost on today’s job report.  September’s jobs growth fell short of expectations, but August and July’s numbers were revised up for a combined 45,000 additional jobs.  More importantly, the unemployment rate dropped to 3.5%, a 50-year low.  The Dow, S&P 500, and Nasdaq are all up nearly 1%.  Gold and silver are still well above their Tuesday lows, and on pace to end the week in the green.