The Jobs Report disappoints. April Non-Farm Payrolls was up 115k, compared to a revised 154k gain in March. April gaint the lowest in 6 months. Unemployment rate drops to 8.1% from 8.2%. While a 170k gain had been expected earlier in the week, the ADP report Wednesday had many lowering their estimates.
Stock futures slightly lower. FTSE & DAX off slightly under 1%. Elections this weekend in France and Greece not helping. VIX at 17.56 might be a good barometer to watch this morning.