The S&P 500 futures currently trade 31 points above fair value.
January nonfarm payrolls increased by 138,000 (Briefing.com consensus: 68,000). December nonfarm payrolls were revised to 48,000 from 50,000.
January private sector payrolls increased by 172,000 (Briefing.com consensus: 60,000). December nonfarm payrolls were revised to 64,000 from 37,000.
The January unemployment rate was 4.3% (Briefing.com consensus: 4.4%) versus a revised 4.4% in December.
January average hourly earnings were up 0.4% (Briefing.com consensus: 0.3%) versus a downwardly revised 0.1% increase (from 0.3%) in December.
The average workweek in January was 34.3hours (Briefing.com consensus: 34.2) versus 34.2 hours in November.