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Street turns cautious ahead of employment report (AP via Yahoo! News)

A period of relative calm on Wall Street ended Thursday as stocks tumbled in the final hour of trading on growing investor anxiety ahead of the government's November employment report.

Employment Report Likely Brutal, Barclays Capital Says (Nasdaq)

(RTTNews) - The November employment report is expected to be the worst in over two decades, with nonfarm payroll employment falling 350k (cf. consensus: -334k; last: -240k) and the unemployment rate rising 0.3pp, to 6.8 percent (cf. consensus: 6.8%; last: 6.502 percent), predict the analysts at Barclays Capital.

Forex Market Update: Currencies Steady as Market Waits for U.S. Employment Data (Daily FX)

Range trading was seen on currencies in Asia today with the central bank decisions out of the way for the week. Market went into consolidation mode ahead of the pivotal U.S. employment data. Major currency pairs were contained within a 50 pt range.

Stocks tumble as report on employment looms (Los Angeles Times)

The Dow sheds 215 points. Data are expected to show that the jobless rate last month hit 6.8%. The major stock indexes finished down at least 2.5% on Thursday after the market once again tumbled in the last hour or two of trading on the eve of the release of government employment data for last month.

Street turns cautious ahead of employment report (Miami Herald)

A period of relative calm on Wall Street ended Thursday as stocks tumbled in the final hour of trading on growing investor anxiety about the government's November employment report.