Daily Note | September 6, 2024 | Jobs Day!

Markets are up slightly at the open but are on pace for a fairly lower week with the S&P 500 down -2.6% through Thursday and the Nasdaq down -3.3%.

The jobs report is out and shows some big revisions lower but the headline was okay at 142,000 (161K expectation). Of course, given the revisions to the prior months, that number is likely to come down over s…