After an ugly day on Thursday where the S&P 500 Index (SPX) dropped 2.5% and closed at the low of the day, stocks appear to be reversing course and S&P futures are showing early gains, up 32 points as of 7:45 A.M. EST.  Two potential market moving events are on tap for today; the first is the December jobs report followed by comments from Jerome Powell later in the morning.

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