Sarkozy and Nonfarm Payrolls to drive stocks [HEAT]

Filed in: Equity Update

08 March 2010 at 7:18 GMT

A good report from the US labour market on Friday (Nonfarm Payrolls fell 36K vs. -68K expected while the Unemployment Rate held steady at 9.7%) could lead stocks higher today - helped by Sarkozy's fairly bullish comments.

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Equity Update

Saxo Bank's Equity Update is a short-term commentary piece covering developments in the equity market. It takes a predominantly top-down view but also highlights topical sectors and stocks. It is published once or twice a day.

Authors Mads Koefoed, Peter Garnry, Didier Abbato