India, June 6 -- The major U.S. index futures are currently pointing to a higher open for the markets on Friday, with stocks likely to move back to the upside after ending yesterday's volatile session mostly lower.
The futures moved notably higher following the release of a closely watched Labor Department report showing slightly stronger than expected U.S. job growth in the month of May.
The Labor Department said non-farm payroll employment shot up by 139,000 jobs in May after jumping by a downwardly revised 147,000 jobs in April.
Economists had expected employment to increase by about 130,000 jobs compared to the addition of 177,000 jobs originally reported for the previous month.
Meanwhile, the report said the unemployment rate came ...