US stock futures pointed mostly upward Friday, but the indexes dipped off highs after a blowout January jobs report served as the last major data point in a jam-packed week of market-moving events.
Futures tied to the benchmark S&P 500 (^GSPC) rose 0.3%, while those on the blue-chip Dow Jones Industrial Average (^DJI) lagged, dipping below the flatline. The tech-heavy Nasdaq Composite (^IXIC) looked to lead gains, rising about 0.6%.
Investors are nearing the end of a momentous week. As Yahoo Finance’s Josh Schafer reports, Friday’s highlight was the jobs report, which blew past Wall Street expectations as the economy added 353,000 jobs in January. The unemployment rate was unchanged at 3.7%.
The labor market has remained resilient in the face of a rate-hiking campaign from the Federal Reserve, but other data this week had shown signs of softening. Though the Jerome Powell-sparked…
