Wall St Week Ahead: Focus will be on Egypt, earnings, jobs data

Wall St Week Ahead: Focus will be on Egypt, earnings, jobs dataLatest news update about;Wall St Week Ahead: Focus will be on Egypt, earnings, jobs data; Cautious trading could also come if earnings don't outperform and erode optimism about profits.
The government's January jobs report on Friday will highlight the week's economic data, as investors look to see if the unemployment rate continues to fall as it did in December.
Market volatility skyrocketed on Friday as indexes tumbled, with the VIX index, the market's fear gauge, up 24 percent, its biggest daily percentage jump since May 20.Wall St Week Ahead: Focus will be on Egypt, earnings, jobs data
Worries that Egypt's unrest could spread to other countries in the Middle East, home to the world's top oil exporters, caused investors on Friday to pull out of stocks and into bonds and other safer assets. U.S. crude futures settled more than 4 percent higher on Friday.
"As long as people are worried about political unrest in the Middle East, it will be weighing on the market," said David Kelly, chief market strategist for JPMorgan Funds in New York. "This story isn't just going to end overnight."Wall St Week Ahead: Focus will be on Egypt, earnings, jobs data