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[Chart courtesy of MarketWatch.com] Moving the markets After a red opening, the major indexes spent the remainder of the session battling back and managed a green close, despite much anxiety ahead of tomorrow’s release of the March jobs report. Since the exchanges are closed on Friday, there will be no market reaction until Monday. Whenever the Bureau of Labor Statistics …

[Chart courtesy of MarketWatch.com] Moving the markets Continued weak economic data points soured traders’ motivation to drive the indexes higher. As a result, the Nasdaq recorded its 3rd straight loss, while only the Dow was able to eke out a green close. The latest ADP private payroll report was another disappointment, after yesterday’s dreadful data, because it showed slowing job …

[Chart courtesy of MarketWatch.com] Moving the markets The markets pulled back right after the opening, in part due to uncertainty about yesterday’s spike in oil prices and how it might affect the global economic environment. Not helping matters were a host of econ data showing that a slowdown had indeed arrived, as the Labor market appears to have fractured with …

[Chart courtesy of MarketWatch.com] Moving the markets The unexpected overnight surprise came from OPEC+, which announced that they were slashing their oil output by 1.16 million barrels per day. The reaction was swift, with oil prices jumping over 6% and holding that level throughout the session. The major indexes reacted mixed, with the Dow rallying, the Nasdaq sinking and the …