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Week Ahead: Jobs Report and a New Fed Chief

The release of the January jobs report next week may draw attention away from turmoil in emerging markets.Also on tap is the historic swearing in of Janet Yellen as the first woman to chair the U.S. Federal Reserve,  and a handful of high-profile earnings reports from the likes of Twitter (NYSE:TWTR), General Motors (NYSE:GM) and Merck (NYSE:MRK).The jobs report, due out Friday, will be closely watched because it comes on the heels of a decidedly weak December report, when far fewer (74,000) jobs were created than had been forecasted (196,000) by economists.The unemployment rate fell to 6.7% from 7% in the prior month, but the drop was in large part due to hundreds of thousands of people leaving the workforce.The January report is expected to show 184,000 new jobs and the rate to hold steady at 6.7%The December report has been dismissed by most analysts -- and the Federal Reserve -- as an anomaly caused by extreme weather across much of the country. If the January report is disappointi...

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