Monday April 6, 2015
// April 6th, 2015 // Daily News
Welcome back from the long weekend! Now, get ready for an eventful day.
Here are the four things you need to know before the opening bell rings in New York:
1. Stocks set to slide: U.S. stock futures are firmly in negative territory as investors get ready to react to the disappointing U.S. jobs report, which was released on Friday when markets were closed.
The monthly jobs report showed only 126,000 jobs were added in March, the lowest since December 2013 and well below the 244,000 new jobs expected by economists.
The unemployment rate remained stable at 5.5%.
Related: This week in the markets could get ugly
2. Show me the money!: Despite continual talk about its difficult financial situation, Greece said it has enough money to make a crucial debt payment this week to the International Monetary Fund.
Greece needs to pay the IMF about 460 million euros ($505 million) this week, but some were concerned the country wouldn’t come up with the money.
European traders are expected to react to this latest Greek development on Tuesday when markets reopen after the long weekend.
Greece needs to repay its loans or risks stumbling out of the eurozone.
3. Crude recovery: Oil futures are climbing ahead of the open, recovering from a dip last week as traders worried about Iran soon ramping up its oil production.
Crude is rising by about 3% to trade around $50.50 per barrel.
The U.S. and other world powers reached a tentative agreement last week that would see Iran scale back its nuclear capabilities, which would lead to a lifting of international sanctions. These sanctions have kept Iran from pumping and exporting its vast oil reserves.
Related: Fear & Greed Index
4. Thursday market recap: All major U.S. indexes finished last week with small gains ahead of the long Easter weekend.
The Dow Jones industrial average and S&P 500 both edged up by 0.4%. The Nasdaq notched a 0.1% gain.
Today’s Inspiration
Raise Your Level of Expectation
by Joyce Meyer – posted April 06, 2015
Wait and hope for and expect the Lord; be brave and of good courage and let your heart be stout and enduring. Yes, wait for and hope for and expect the Lord. Psalm 27:14
We’ve all found ourselves dealing with pessimistic attitudes and low expectations-describing the weather as “partly cloudy” rather than “partly sunny,” seeing the glass as “half empty” instead of “half full.”
For many people, low expectations keep them from enjoying their lives. They go through each day with negative, faultfinding, critical attitudes, rarely hoping for the best because they’re too busy expecting the worst. When things are going poorly they think I had a feeling today was going to be a bad day, and when things are going well they think This probably won’t last long. Good days or bad, on the mountaintop or in the valley, they’re not enjoying their lives . . . because they’ve never expected they could.
The level of your expectation is the level of your faith. Show me a person with low expectations, and I’ll show you a person using very little faith. But show me a person with big expectations, and I’ll show you a person acting with bold faith. Just remember that we are talking about having our expectation in God. It is more than a mere positive attitude; it is trusting God to take care of you and everything that concerns you.