Stock futures slashed their losses Friday as the latest healthy jobs numbers fueled some early buying.
Wall Street is still struggling to post a rebound after the Dow plummeted 300 points on Thursday, its second-worst day of the year.
Here are the six things you need to know before the opening bell rings in New York:
1. Jobs, jobs, jobs: U.S. stock futures bounced off their lows after the U.S. said employers added 209,000 jobs in July. That was well shy of the 288,000 jobs that were created in June but not far from the 230,000 jobs economists polled by CNNMoney had been banking on.
The government said the unemployment rate ticked up to 6.2% from 6.1%. A year ago this metric stood at 7.3%.
July's employment growth marks the sixth straight monthly gain of at least 200,000.
The weaker-than-expected jobs report could ease fears on Wall Street that the Federal Reserve will hike interest rates early next year.