US Equities Settling Lower Post-Payrolls

US equity markets are lower for a second session, despite a mixed start following the opening bell. Large sell clips in the e-mini S&P amid generally lower opening volumes relative to the rest of the week appear to be pushing prices - with the S&P500 lower by over 0.7% at pixel time.

Financials and energy are being marked slightly higher in early Friday trade, with technology and communication services once again the laggard. Some major names are among the largest decliners in the S&P following an hour of trade, with Amazon, Facebook, Netflix and Apple off by 3% or more apiece.

This has all proved supportive of the VIX, which holds close to yesterday's highs of 35.94. A climb through here would be the highest VIX print since late June.

Equity downside has prompted a recovery in the USD, which sits higher against most others in G10. This puts the USD index on track to record 4 consecutive sessions of gains for the first time since late June.