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Stock futures up a bit as market awaits job report

Posted: Oct 5, 2012 4:25 AM by Associated Press

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NEW YORK (AP) - U.S. stock futures are rising modestly ahead of key U.S. jobs figures that will provide insight into the world's largest economy with just over a month to go before the U.S. presidential election.

Dow futures are up 20 points to 13,518. The broader S&P 500 futures are up 2 points to 1,457. Nasdaq futures are up 6 points to 2,828.

For much of the week, markets have been subdued. A raft of economic data has failed to alter expectations that the data will show the U.S. economy generated some 111,000 jobs during September. Economists also forecast that the unemployment rate inched up to 8.2 percent in September from 8.1 percent in August.

Overseas markets saw modest gains to end a week in which Europe's financial crisis has provided relatively few distractions.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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