U.S. stock indexes are holding relatively steady on Friday following a mixed report on the U.S. job market that analysts said may not change much for financial markets. The S&P 500 was 0.1% higher in early trading and remained on track for a modest gain for the week.

However, the stock market shifted into a higher gear in November after Donald Trump emerged as the victor on election night. While it's crystal clear that Wall Street loves President Trump, an inherited risk threatens to send the Dow Jones, S&P 500, and Nasdaq Composite tumbling.

U.S. equity futures edged lower in early Friday trading, while Treasury yields and the dollar held steady, as investors braced for a critical January jobs report that could define market direction over the coming weeks.