December’s employment report shows improved hiring, but the gains will be limited if the economy slows down again, as some economists are predicting.

S&P futures moved up to a two-month high as December nonfarm payrolls came in at 200,000, well above the 150,000 consensus; the unemployment rate fell to 8.5 percent from a revised 8.7 percent in November.

Take a look at some of Friday morning’s early movers: