S&P 500 futures reflexively drop a couple of handles after the big jump in initial jobless...

|By:, SA News Editor

S&P 500 futures reflexively drop a couple of handles after the big jump in initial jobless claims, but the effect from Hurricane Sandy is in play as apparently NY didn't report last week, so we got it all this week. It's also the first key post-election economic number. Does Jack Welch care to comment? S&P -0.2%.