U.S. Stock Futures Drop on Jobs Data as Ringgit, Oil Rise

U.S. stock-index futures retreated after data Friday that showed the weakest American hiring in more than a year. Emerging-market currencies rallied with gold, while oil traded above $50 a barrel in New York.

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There seems plenty to be happy about these days. The Dow this week closed above 13,000 for the first time in years, and just 9% shy of its all-time record. Europe is working hard to solve its debt crisis. And, the U.S. economy is showing signs of strength.