India, March 7 -- Following the sell-off seen in the previous session, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent.
The futures advanced following the release of a closely watched Labor Department report showing employment in the U.S. increased by slightly less than expected in the month of February.
The report said non-farm payroll employment climbed by 151,000 jobs in February after rising by a downwardly revised 125,000 jobs in January.
Economists had expected employment to grow by 160,000 jobs compared to the addition of 143,000 jobs originally reported for the previous month.
The report also...