The U.S. Labor Department will release nonfarm payrolls for January and the monthly unemployment report at 7:30 a.m. CST, Friday's main attractions. Traders will watch over the latest weather forecasts and pause at 8 a.m. to see if USDA has an export sale announcement.
Weather
A burst of arctic air with the polar vortex continues in the Midwest where some lake-effect snows are occurring. A front is finally being pushed out of the Southeast where showers continue for the day. While eastern areas are getting colder, the Plains are getting warmer as a ridge of high pressure spreads eastward. The next system is moving into the West Coast, which will have implications east of the Rockies for next week.