Stocks point to lower open after disappointing jobs report


Stock futures have turned lower again after a brief bump following the surprisingly weak jobs report pointed to a marked slowdown in the labor market; S&P and Dow -0.2%, Nasdaq +0.1%.

Also, Ukraine's government and pro-Russian rebels reportedly have reached a ceasefire agreement, which is set to go into effect later today.

European markets have turned mixed after the jobs report, while most Asian markets fell slightly.

Corporate news is sparse: Gap -6% premarket after reporting a sharp drop in August same store sales, and Michael Kors -4.5% after launching a secondary offering.

Treasury prices reversed off session lows following the jobs data, with the benchmark 10-year yield down ~5 bps at 2.405%.

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