NEW YORK (CNN/Money) -
A weaker-than-expected January employment report and the start of the G-7 finance ministers meeting in Florida will get investors' attention as the trading week comes to an end Friday.
At 8:35 a.m. ET, futures pointed to a higher start for the major indexes, despite the weaker than expected report.
The Department of Labor said the U.S. economy added 112,00 non-farm jobs in January and the unemployment rate fell to 5.6 percent. This comes after a revised addition of 16,000 non-farm jobs in December and an unemployment rate of 5.7 percent.
Economists surveyed by Briefing.com expected to see 165,000 jobs created, with the unemployment holding at 5.7 percent. But there are a number of aspects of the report to focus on, because of a recalibration of last year's figures and such peculiar circumstances as the lack of December retail hiring throwing off the seasonal factors.
The dollar fell after the jobs report, and U.S. Treasury prices rose.
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For details of Thursday's session, click above
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The weak dollar is expected to be a major topic at the weekend meeting of finance ministers from the world's seven strongest economies that begins Friday in Boca Raton, Fla. But market participants don't expect anything in the way of concrete action to strengthen the U.S. currency.
The Dow Jones industrial average managed a 0.2 percent gain Thursday and takes just a 7-1/2 point gain for the week into the final session. The Nasdaq composite index, a 0.3 percent winner Thursday, has about a 46-1/2 point hole it needs to dig out of if it wants to avoid a third straight losing week. (See chart for details)
Asian-Pacific stocks ended mostly higher Friday, although Tokyo's Nikkei index was barely lower. European markets rose in early trading. (Check the latest on world markets)
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Brent oil futures rallied 25 cents to $29.30 a barrel in London, where gold was lower.
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