1. Jobs report: The first jobs report for 2018 showed the U.S. economy added 200,000 jobs in January.
The unemployment rate remained at 4.1%, the lowest in 17 years, following a long string of monthly job gains.
Wages grew 2.9% compared with a year earlier, which was better than expected.
Consumer confidence has been high and, in general, Americans aren't worried about losing their jobs.
"Life is generally good for the U.S. consumer," said Paul Donovan, global chief economist at UBS Wealth Management.
2. Unending earnings: Oil giants Chevron (CVX) and Exxon Mobil (XOM) are reporting results ahead of the open, along with Clorox (CLX), Estee Lauder (EL), Merck (MRK) and Sprint (S).
Deutsche Bank (DB) shares tumbled 6% after the company reported a third consecutive annual loss.
The €500 million ($625 million) loss for 2017 was fueled by a €1.4 billion ($1.8 billion) hit from tax changes in the United States. Germany's largest bank also reported falling revenues.
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3. Stock market movers -- Mattel, Google, Amazon, Guess: Shares in Mattel (MAT) and Google parent Alphabet (GOOGL) slid in extended trading after they reported disappointing results.
Amazon (AMZN) shares, meanwhile, were set to pop at the open as investors cheered the company's latest results.
Guess (GES) stock could be poised for a rebound after dropping nearly 18% on Thursday.
Shares in the fashion brand tanked after model Kate Upton accused co-founder Paul Marciano of sexual harassment. Guess did not respond to requests for comment, but TMZ reported that Marciano had denied any inappropriate conduct.
4. Casino check: Macau casino stocks tumbled after Bloomberg reported that China could soon allow some forms of gambling in the southern province of Hainan.
That might draw gamblers away from Macau, which is currently the only place in China where casinos are legal.
Wynn Macau (WYNMY), Sands China (SCHYY) and MGM China (MCHVY) shares fell sharply in Hong Kong before recovering most of their losses.
5. Global stock market overview: U.S. stock futures were deep into negative territory on Friday.
European markets declined in afternoon trade, and most Asian markets ended the day with losses.
Volatility has been creeping back into the markets after a period of steady gains. On Thursday, 10-year Treasury yields climbed to their highest level in nearly four years.
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6. Coming this week:
Friday -- U.S. monthly jobs report
