- Stock futures are up sharply, with the S&P +1% and the Dow +0.9%, indicating nearly all the losses of the last five sessions will be recouped at the start of trading.
- The general impression of today's employment report seems to be that it was strong, but not so strong as to force the Fed's hand into tapering at its December meeting.
- "While the NFP report was indeed a good report, it wasn’t enough to conclude December as being the launch point" for Fed tapering, says Adrian Miller, director of fixed income strategy at GMP Securities.
- Treasury prices swing lower, with the yield on the 10-year note up 2 bps to 2.868%; gold prices also have picked up, now +0.7% at $1239.90/oz.
- Still ahead: consumer sentiment.
Stocks look to strong open after jobs report
Dec 6 2013, 09:25 ET