Although the jobs report paints a somewhat better-than-expected picture for Q4, the market's...

|By:, SA News Editor

Although the jobs report paints a somewhat better-than-expected picture for Q4, the market's hopes for the report were pretty high, particularly after the ADP result, which left "less room for a reaction today" in the markets, CIBC chief economist Avery Shenfeld says. The headline net jobs figure was up solidly but shy of expectations, so there was no outperformance to get thrilled about. S&P futures +1%.