On second thought, the stock market doesn't mind a bad jobs report.
The stock market loves interest rates at 0%. The employment report stung on Friday, sending S&P 500 futures down 20 points but after just a few minutes of trading, those declines have been erased.
It's not that markets are ignoring the jobs report, just the opposite. The FX market dumped US dollars on Friday and is doing more of the same today.
EUR/USD just took out the Friday high of 1.1027. Eyes on 1.1051 now.
