Friday:

• At 8:30 AM ET, Employment Report for January. The consensus is for an increase of 188,000 non-farm payroll jobs added in January, down from the 292,000 non-farm payroll jobs added in December. The consensus is for the unemployment rate to be unchanged at 5.0%.

• Also at 8:30 AM, Trade Balance report for December from the Census Bureau. The consensus is for the U.S. trade deficit to be at $43.0 billion in December from $42.4 billion in November.

• At 3:00 PM, Consumer Credit for December from the Federal Reserve. The consensus is for an increase of $16.5 billion in credit.