US OUTLOOK: Nomura altered their payroll ests, saying

Market news

3 February 2011

US OUTLOOK: Nomura altered their payroll ests, saying

"we have concluded that the big winter storms that battered the eastern third of the US during the week of 11 January are likely to lead to an initially reported decline in non-farm payrolls." They now forecast NFP at -5,000.

ECB Trichet: Current rates appropriate

Before the bell: U.S. stocks were set for a flat open Thursday, as investors awaited another round of earnings and the government's latest jobless claims figures.

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