Stocks wait for jobs report

@CNNMoneyInvest January 4, 2013: 4:02 AM ET

U.S. stocks slipped Thursday.

NEW YORK (CNNMoney)

Friday is jobs day, with the government set to release its monthly labor market report at 8:30 a.m. ET.

Economists surveyed by Briefing.com predict the report will show 150,000 jobs were created in December, up from 146,000 in November, with the unemployment rate remaining unchanged at 7.7%.

At 10 a.m. ET, the Census Bureau will release data on November factory orders, and the Institute for Supply Management will release its monthly non-manufacturing index.

U.S. stocks closed lower Thursday, after investors fretted that the Federal Reserve might end its intervention in the markets sooner than expected.

U.S. stock futures showed little direction ahead of the opening bell.

Fear & Greed Index

European markets edged lower in morning trading as concerns about the Fed's stance on further quantitative easing prompted some investors to take profits after recent strong gains. Asian markets ended mixed. Open for the first time this year, the Shanghai Composite added 0.4%, while the Nikkei advanced 2.8%. Hong Kong's Hang Seng declined 0.3%. To top of page



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