The S&P 500 tried to hold on to Thursday gains, but the market was flat and falling slightly Friday morning at the end of a major pullback week.

The Dow Jones Industrial Average and Nasdaq joined the S&P 500 gaining ground, but remained below their Monday drops.

Just past 4 pm ET the  $S&P 500 Index (.SPX.US)$ climbed 0.47%, the     $Dow Jones Industrial Average (.DJI.US)$ climbed 0.13%, and the  $Nasdaq Composite Index (.IXIC.US)$ climbed 0.51%.

Friday brought no major macroeconomic news, and investors are looking forward to next week when PPI and CPI inflation data comes out.

Thursday in macro, initial jobless claims came in at 233k, lower than 250k last month. Monday, this week's macro data came in the form of S&P PMI at 54.3 vs 55 estimated and ISM PMI at 51.4.

Meanwhile, last week's macro numbers pointed to a rush of unemployment. The numbers showed non-farm payrolls dropped from the month before, the economy only added 114k jobs vs 175k forecast and 179k in June, according to the Bureau of Labor Statistics. The unemployment rate in July rose to 4.3%, compared to 4.1% last month. The Federal Reserve has looked extensively at the labor market as an indicator of its monetary policy and appetite for rate cuts, and they left rates unchanged Wednesday.

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