The concern is that the Federal Reserve may consider "tapering" its bond buying program at its Dec. 17-18 policy meeting. We do not feel the U.S. Federal Reserve would use one "questionable" report to modify its current stimulus program.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
Tomorrow morning markets will react to the release of the November unemployment number. This release will be watched very closely as market participants look for clues for when the Fed might taper its $85 billion a month bond buying program.
The yen weakened versus the majority of its major peers as investors sought higher-yielding assets amid an advance in global stocks.