Weaker than expected Jobs Report for June had stocks in retreat after the end of quarter run up of the last week, and a false euphoria over a European solution.
“'Simon, Simon, behold! Satan has demanded permission to have all of you, to sift you like wheat. But I have prayed for you, that your faith may not fail. And once you have returned, you must strengthen your brothers.' And Simon said, 'Lord, I am ready to go with you, to prison and death.' Jesus answered, 'Before the cock crows, you will deny three times that you even know me.'" Luke 22:31-34