A.M. Update

S&P futures are down -0.2 percent. There are a lot of caveats in the Employment data, but here it is. November nonfarm payrolls increased by 64,000 (consensus: 30,000) from a prior decrease of -105,000 in October. November private sector payrolls increased by 69,000 (consensus: 34,000) from a prior increase of 52,000. The November unemployment rate…