It would appear so. S&P 500 futures are now up just 0.1% after being up as much as 0.5% earlier in European trading. Meanwhile, Nasdaq futures are still up 0.2% as tech shares are hanging in the balance ahead of the non-farm payrolls release later. The nervous tension is not a good sign and puts more weight on the jobs report later to carry the market mood ahead of the weekend. Bring on the pain!
This article was written by Justin Low at www.forexlive.com.
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