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US stock futures mostly unimpressed by payroll gain-check out the S+P 500 now

As noted here much earlier today, the US equity futures were unlikely to gain much on any payroll beat. Well, as you can see they have not exactly charged higher on the news that US payrolls beat forecasts and rose by 228k. That is partly due to the negative revision from the prior month and partly due to the fact that all the US futures had bounced from their lows leading into the data. The opening outlook across three major indexes remains very negative and certainly nothing from the US jobs report has done anything to alleviate that. The S+P 500 future is still better than earlier though, when it was pricing that opening to as low as 5,175. It is right now pricing at around 5,250 and the price action is incredibly rapid folks. So, please be aware of that with the US stock markets due to open in around 45 minutes 

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