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Futures slightly pare gains after October payrolls data


Futures slightly pare gains after October payrolls data

(Reuters) - U.S. stock index futures slightly pared gains on Friday after job additions in October were much lower than estimated, while the unemployment rate remained steady.

A Labor Department report showed nonfarm payrolls rose 12,000 in October, compared with an estimate of 113,000, according to economists polled by Reuters.

The unemployment rate stood at 4.1%, as forecast.

Dow E-minis were up 169 points, or 0.4%, S&P 500 E-minis were up 28 points, or 0.49%, and Nasdaq 100 E-minis were up 108.75 points, or 0.54%.

(Reporting by Lisa Mattackal in Bengaluru; Editing by Pooja Desai)

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