April 6, 2017
Jobless claims fell very sharply in today's report, highlighting the strength of the labor market and also underscoring ADP's call on Wednesday for unusual strength in the March employment report. Stocks held steady ahead of tomorrow's report and also ahead of President Trump's meeting with China's Xi. The Dow posted a fractional gain to 20,662. Bonds were little changed while the dollar firmed slightly. Oil firmed another 50 cents and is back near $51.75.