Company: Ann Taylor

Stocks closed near session lows Friday, with all three major averages posting their worst weekly drop this year, as investors were cautious ahead of the weekend amid fears over the euro zone and euphoria over Facebook's trading debut fizzled.

U.S. stock index futures were higher Friday, struggling to recover from a string of recent declines, and ahead of Facebook's widely-anticipated trading debut later this morning.

Stocks eked out modest gains Friday, buoyed by a better-than-expected government jobs report, but still ended off their best levels following news of a "credit event" in Greece. Still, the S&P 500 and Nasdaq logged gains for a fourth consecutive week.

Stocks ended narrowly mixed in a lackluster session Thursday following a handful of mixed earnings reports, decline in weekly jobless claims and ahead of the government's monthly employment report due Friday morning.

Stocks finished mixed in another thin, choppy session Friday, as investors were reluctant to commit to the market ahead of the weekend and amid ongoing nervousness over the debt talks in Europe and Washington.