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A daily morning look at the financial stories you need to know to start the day.
STOCKS/ECONOMY
-Stock futures are sharply lower after Thursday's flat close followed a whipsaw day of wild swings. Investors are increasingly spooked by rising interest rates.
-The yield on the 10-year Treasury bond is up to 2.79 percent.
-We get the January jobs report at 8:30 a.m. ET. The consensus estimate is that 180,000 net new jobs were created and there was a 0.3 percent gain in average hourly earnings. Anything more than that expected wage increase could push interest rates even higher and fuel a stock selloff.
