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Futures are lower heading into the monthly employment report, and after all the gains we have had this week, you can’t blame people for being a little more cautious heading into the weekend. Even with the pace of new cases of the coronavirus decelerating, who knows what kind of news can come out over the weekend.
Yesterday we published our monthly preview of the Non-Farm Payrolls report including the historical reaction of the S&P 500 and various sectors in reaction to the report. If you haven’t seen it already, make sure to check it out. Below we have provided a snapshot of consensus expectations heading into the report.