LONDON (CNNMoney)
Here are four things you need to know before the opening bell rings in New York:
1. U.S. jobs: The December jobs report comes out at 8:30 a.m. ET. Economists surveyed by CNNMoney expect the American economy created 236,000 jobs over the month.
Hiring surged in November as U.S. employers added 321,000 jobs, which was more than expected.
So far, 2014 has been the strongest year for job growth since 1999.
Economists predict the unemployment rate will fall to 5.7% in December, from 5.8% in November.
2. Investors sitting on their hands: U.S. stock futures are little changed before the job data comes out. European markets are also treading water in early trading.
Asian markets mostly ended with small gains.
Related: Fear & Greed Index
3. Economies slowing: Germany and France, the eurozone's two biggest economies, reported a drop in industrial production in November. That follows an initial reading of eurozone December inflation earlier this week that showed consumer prices fell.
In China, the latest inflation data is reportedly near a five-year low, rising by just 1.5% in December 2014 compared to the same time a year ago.
4. Stock market recap: After a rough start to 2015, stocks posted an impressive rebound on Wednesday and Thursday.
Over the past trading session, the Dow Jones industrial average, the S&P 500 and the Nasdaq all surged by 1.8%.
First Published: January 9, 2015: 5:09 AM ET
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