U.S. stock futures fluctuated on Friday, with benchmark Treasury yields shooting higher, after the monthly jobs report had the economy adding 321,000 jobs in November, exceeding expectations.
The unemployment rate remained unchanged at 5.8 percent, with nonfarm payrolls posting their tenth consecutive month above a 200,000 reading.
"The net of this is it's a continuation of strong jobs creation; we'd like the participation rate to go up, we'd like wage pressure, but we're creating jobs, the more we do that, the more we are going to start to see that," said Art Hogan, chief market strategist at Wunderlich Securities.
The yield on the 10-year Treasury yield jumped 8 basis points to 2.3172 percent.
"That's the right reaction, you should see yields trending higher in an improving economy," said Hogan.