U.S. stocks drifted lower Thursday.
NEW YORK (CNNMoney)
The government will release its monthly jobs report at 8:30 a.m. ET. Economists surveyed by Briefing.com predict the economy added 180,000 jobs in January, up from 155,000 in December. The unemployment rate is expected to fall to 7.7% from 7.8%.
U.S. stock futures were firmer.
At 10:00, the Census Bureau will release data on December construction spending. The Institute for Supply Management will also publish its monthly manufacturing index, and the University of Michigan will release data on consumer sentiment.
Two separate purchasing managers' surveys on China showed manufacturing activity continued to expand in January but painted a mixed picture on the pace of recovery.
Fear & Greed Index
In corporate news, firms including oil giants Exxon Mobil (XOM, Fortune 500) and Chevron (CVX, Fortune 500) will report their quarterly results.
U.S. stocks drifted lower Thursday, ending a blockbuster January on a soft note.
European markets were higher in morning trading. Asian markets ended mostly firmer, led by gains on the Shanghai Composite which shrugged off the mixed news about China's manufacturing sector. 
First Published: February 1, 2013: 5:26 AM ET
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