U.S. stock index futures were slightly higher on Friday ahead of the key monthly jobs report for November.
The U.S. government's closely watched monthly report on non-farm payrolls is expected at 8:30 a.m. EST. Analysts polled by Reuters projected that U.S. payrolls likely shrank by 130,000 in November, compared with a decline of 190,000 in October.
If it came in as a major, major bad number that would almost be a good thing because it would be a cold slap in the face to the policy leaders that maybe we aren't doing the right thing here, said Joe Gordon, managing partner at Gordon Asset Management in Durham, North Carolina.
If it comes in a little better or a little worse, it's a non-event, it's the same old tune, less worse than it has been.
Bank of America Corp
S&P 500 futures rose 2 points and were slightly above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 25 points, while Nasdaq 100 futures added 1.75 points.
U.S. monthly factory orders are also expected Friday.
Cisco Systems Inc
U.S. video game publisher Take-Two Interactive Software Inc
Take-Two shares dropped 22.7 percent to $8.44 premarket.
Big Lots Inc
Investors may eye technology shares after Taiwan Semiconductor Manufacturing Co Ltd <2330.TW>
World stocks slipped, as European shares fell in early trade, with banks among the biggest losers. Japan's Nikkei stock average <.N225> ended up 0.4 percent, and closed above 10,000 for the first time in five weeks.
U.S. stocks fell Thursday after the U.S. services sector shrank unexpectedly in November and investors worried that the non-farm payrolls report may show the recovery is sluggish.
(Reporting by Chuck Mikolajczak; editing by Jeffrey Benkoe)