Jim Cramer's top 10 things to watch in the stock market Friday

The July jobs report was a significant miss, with the economy adding far fewer jobs than expected. This has implications for the Federal Reserve's monetary policy decisions, as a slowdown in job growth could lead to a more dovish stance on interest rates. Markets are likely to react to this data, with investors reassessing their expectations for the economy and the Fed's next move.

Shares of Atlassian are rising after the company reported a strong quarter, beating expectations on revenue and profit. This is a positive sign for the software sector, which has been under pressure in recent months. Atlassian's performance suggests that some companies are still able to deliver growth and profitability, even in a challenging economic environment. This could be a bullish sign for other software stocks, which have been trading at depressed valuations.

Looking ahead, investors will be watching the market's reaction to the jobs report and assessing the implications for the economy and monetary policy. The earnings season is also continuing, with several large-cap companies set to report their results in the coming days. Keep an eye on the financials sector, as banks are set to report their quarterly results and provide insight into the health of the economy. Additionally, watch for any further commentary from Fed officials, as they respond to the July jobs report and provide guidance on their policy plans.

Originally reported by cnbc.com. LargecapNews adds analysis for finance & markets readers.