Dow Drops 200 Points From Post-Payrolls Peak, WTI Tumbles To $47 Handle, Bond Yields Plunge

Submitted by Tyler Durden on 01/09/2015 10:53 -0500

• Bond
 
• Crude

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But, but, but it was a great jobs report... (apart from record numbers not working and dream-dissolving earnings drops). The exuberant surge in stocks post-payrolls has left the building. The Dow is now down over 200 points from the post-payrolls peak as stocks are broadly -0.5% from payrolls print and losing over half of yesterday's Evans gains. Gold and bonds are rallying and crude is not rallying or stabilizing... and has broken back down to a $47 handle.

Dow down over 200 from post payrolls peak...

as all major indices tumble red on the day...

and week...

And bonds are all now rallying...

And crude is slumping...

Artist's Impression of the reaction...

Charts: Bloomberg

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