U.S. Stocks Ease Before Jobs Data

U.S. stocks fell on Thursday, with benchmarks not far from record highs, as investors considered reports that the European Central Bank would consider a broad-based package of quantitative easing in January and awaited the monthly jobs report.

“We think the jobs report tomorrow will come in near consensus at about 225,000, which would be the 10th straight month of jobs over 200,000, so the jobs market is improving,” said Sean Lynch, managing director of global equity research and strategy for Wells Fargo Private Bank.

CNBC confirmed with a source the story first reported by Bloomberg News.  Bloomberg cited two euro-zone central bank officials familiar with the deliberations in its report.

CNBC

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