Futures Up Despite Crappy Payrolls

Futures higher this morning despite worse than expected payrolls. A Lehman report said cash infusions at Citigroup and JPMorgan would be sufficient to offset subprime writedowns. S&P and DJIA futures rose 6.3 and 50 points respectively. Payrolls dropped 80,000 vs 50,000 estimate.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.