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Stock impact report

Traders Brace for More S&P 500 Volatility After US Jobs Report [Yahoo! Finance]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The options market is betting the S&P 500 Index will move roughly 1% in either direction after Friday's US employment data, based on the price of that day's at-the-money straddles, according to Stuart Kaiser, Citigroup Inc.'s head of US equity trading strategy. If it happens, that would be roughly in line with the past two jobs prints, and the biggest move in two weeks. Traders are looking to the job figures, due at 8:30 a.m. in Washington on Friday, for clues as to whether the labor market is weakening further after US hiring fell short of forecasts in August, with downward revisions to the prior two months. Payrolls in the world's largest economy are seen rising 150,000, based on the median estimate in a Bloomberg survey of economists. That's similar to the August increase and would leave three-month average job growth near its weakest since mid-2019. The jobless rate probably held at 4.2%, while average hourly earnings are projected to have risen 3.8 Show less Read more
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