The S&P 500 hit a record high on chatter about the ECB getting ready for action in January but now it’s falling on talk of discontent. The index is down about 5 points to 2066 on the report. Surely there’s also an element of profit taking ahead of NFP as well.
The euro reaction has been more modest, climbing about 10 pips to 1.2382 since the Welt story.
