Pre Market - July 6th 2007 UPDATE

Employment data comes in as expected. No surprises.

Futures jumped slightly after the data but are coming back down. This employment data was "priced in" the market already. With the data coming in as expected there is no news to rally the troops because they were already expecting the numbers to be what they are. Still 1 hour before the market opens so we will know better then the mood for the market.