Job report was up but we are three days up in a bear market. Sentiment is to take profits on a Friday and see shat happens on Monday with Greece. Germany and France are preparing for a Greece default ATM as they wait for troika to announce it's decision tomorrow. With the job numbers not bumping much, the second downgrade on Italy, downgrade on spain, downgrade on 9 portuguese banks, downgrade on 12 uk banks, and today is a short position. There's no big news left today to bring this up. Job numbers was key. It did nothing.
Rating agencies have had their knife out for the institutions today.