Weak job figures sent US markets in red – HegnarOnline

Chief Investment Strategist, Raymond Jones, Jeffrey Saut, told MarketWatch that the market has not had confidence in the economy since November.

– For the moment there are too many indicators seem to point towards to be patient and wait for the fundamentals will improve. There is internal deterioration, weaker economy and falling expectations for earnings. It’s hard to be patient, but it is exactly what investors should be, said Saut your Web site.

Investors were still anything but patient Wednesday 1 April.

S & amp; P 500 ended down 0.4 percent to 2059.7, while the Dow Jones fell 0.44 percent to 17,698.18.

Technology Heavy Nasdaq ended down 0.42 percent to 4880.23.

In March, created 189,000 new jobs in the private sector in the United States, shows the monthly employment figures from ADP Employer Services, which was announced Wednesday afternoon.

This is the lowest increase of new jobs in the private sector since January 2014, writes MarketWatch.