Futures Flat Before Payrolls Report

Stocks are hovering before the key non-farm payrolls report later this hour.

S&P 500 futures have been oscillating on either side of unchanged since closing modestly higher yesterday. European markets are posting small losses and Asia was mixed in the overnight session, with most indexes gaining except for Japan’s Nikkei. Thailand and India continue to recover from major selloffs.

Profit-taking and concerns about conflict with Syria drove the S&P 500 lower in August, making it only the second negative month since November. It’s been trying to bounce at its 100-day moving average for the last week as investors focus on indications of strong growth from around the world.

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