Stocks are called lower on the opening based on pre-opening weakness. After an uneventful night, equities markets sold off sharply following a worse than expected U.S. Non-Farm Payrolls Report. The bad news adds to the developing pessimism about the economy and may put pressure on the Federal Reserve to take make more aggressive monetary moves to boost the economy.

The U.S. Dollar is up slightly overnight ahead of today’s U.S. Non-Farm Payrolls Report. Today’s report is hard to get exactly right because of the size of the survey but the consensus is for a break-even to slightly better payrolls number.