Below is a snapshot of the nonfarm payroll reports since the start of 2011. As shown, the S&P 500 has declined on the last 8 jobs report Fridays, which is the longest losing streak since at least 1998 when our Economic Indicator Database begins. Today's report that came in at +243,000 was 103,000 better than the expected number of 140,000. This is the biggest beat versus expectations since the December 2009 report. Maybe today the market can break its jobs day losing streak?
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