In today's video:
1) It was a sea of red on Wall Street Friday as stocks, commodities, and even the U.S. dollar closed lower. The Dow Jones Industrial Average dropped 76.01 points, the S&P 500 fell 18.62 points while the Nasdaq 100 closed lower by 114.77 points and the Russell 2000 finished lower by 32.02 points.
2) Crude Oil Futures dropped again on Friday and posted its fourth straight weekly decline while Gold Futures closed lower by $2.70. The Bond market traded flat and the yield on the 10-year treasury note closed at 2.955 while the U.S. dollar also closed slightly lower.
3) While earnings season continues, the focus will switch to jobs. This week, traders will be paying close attention to the ADP Employment Report on Wednesday and giving special attention to the Employment Situation report on Friday. These reports could impact the Fed's decision on rates going forward.