#PreMarket Primer: Thursday, January 9: The Day Before the Jobs Report
January 09, 2014 at 07:16 AM EST
The anticipation over the Fed minutes was overdone as the markets read the statement as being a non-event. The minutes reaffirmed that committee members were still proceeding with caution and there is no preset timeline. In the wake of the minutes the Dow was down about 0.4 percent at 16,362.74. The