Here's how the stock market may trade the April jobs report, according to JPMorgan

As Wall Street counts down to Friday's jobs report, JPMorgan's trading desk sees several potential outcomes that could move the market. Economists polled by Dow Jones expect nonfarm payrolls to have grown by 55,000 in April, down from the increase of 178,000 seen in March. The unemployment rate is expected to hold steady at 4.3%. The monthly ADP National Employment Report on Wednesday reported a better-than-expected, 109,000 job expansion in private payrolls in March. …