In 'What's Ahead on Wall Street' for Friday Feb. 5, there are two important economic reports on the agenda. At 8:30 a.m. Eastern, we expect to get the January jobs report and international trade. The one investors will be paying close attention to is the January jobs report to get a better sense of the economic health. Economists expect employers to have added 185,000 jobs last month, down from December's 292,000. They're also looking for the unemployment rate to hold steady at 5%. Overall, these results will be especially important against a backdrop of global uncertainty and weak energy prices. On the earnings front, investors will get results from Estee Lauder (EL) and Tyson Foods (TSN) before the market opens. TheStreet's U-Jin Lee reports from Wall Street.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.