No real jitters ahead of non-farm payrolls
Today is all about positioning ahead of non-farm payrolls but it's been tough to argue that a weak jobs number has been negative for stocks in the pandemic anyway. All news is good news for stocks.
Futures have been lower all day but are now nearly flat. S&P 500 futures point to a four-point decline after yesterday's 21 point rally. The index is about 2.5% away from the all-time high.
The real barrier is the next stimulus package but it looks like that's going to go into the weekend.
