Stocks (^DJI, ^GSPC, ^IXIC, ^RUT) are up slightly at the midday mark after the big jobs report numbers this morning came in about as expected. The unemployment rate ticked up a tenth of a percent to 5.0%, while 215,000 payrolls were added in March. The initial reaction by the markets was negative, but they recovered with a smart rebound after the open. Keith Bliss of Cuttone & Co. joins us live from the floor of the New York Stock Exchange to discuss the markets.
Joining Yahoo Finance's Alexis Christoforous to discuss some of the other big stories of the day are Yahoo Finance editor-in-chief, Andy Serwer and Yahoo Finance's Nicole Sinclair.
Winners and losers of Q1
If past is prologue, it makes sense to take a few minutes and reflect on the biggest winners and losers of the quarter we just ended. After risk markets plunged on concerns over oil, China and credit markets, we had a sizable rally that got the Dow Industrials and S&P 500 in the green for the quarter. But not everyone fared equally.
Signs from abroad
China's manufacturing sector is showing signs of growth for the first time in nine months. On the other hand, Eurozone factories fared better than expected last quarter, but growth remained weak. Who will lead the markets higher or lower in 2016?
Why Starbucks is winning mobile pay
Mobile payments are going to be huge, and Apple and Google are betting big on it. But surprisingly, one non-tech company is really winning at this game: Starbucks. The coffeeshop operator says 21% of all transactions come via its mobile app. How did it get this emerging phenomenon right?