Market Insider

Traders gear up for volatility, big jobs Friday

The week that was: Stocks collapse, stocks rise
Stocks that popped this week
Volatile week for stocks and oil prices

Traders emerging from one of the most turbulent weeks for stocks in history will likely need to brace for more volatility as the Street gears up for next week's jobs report.

While stocks Friday traded within a relatively tight range and ended just around the flatline, the VIX held little changed near 26.

"You can see these futures are being pulled higher with the cash," said Daniel Deming, managing director at KKM Financial. "That indicates there's a fair amount of concern this amount of volatility has that much staying power."