NEW YORK -
S&P 500 stock index futures were little changed on Friday after Wall Street posted its best daily rise in seven weeks and ahead of the last monthly jobs report before the presidential elections next week.
The S&P 500 had its best day since September 13 on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S. Northeast.
American employers likely added 125,000 jobs to their payrolls in October, according to a Reuters survey of economists. That would be up from 114,000 in September, but less than needed to quickly lower the jobless rate.
S&P 500 futures rose 0.1 point 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 fell 6 points and Nasdaq 100 futures dipped 2.25 points.
European equities steadied on Friday but could test recent two-week highs if U.S. payrolls data provides reassurance on the health of the world's biggest economy. The pan-European FTSEurofirst 300 <.FTEU3> rose 0.2 percent to 1,112.18 points.
Asian shares rose to their highest in nearly two weeks with risk appetite returning on signs a global recovery is stabilizing, particularly in the United States and China.
From New York City's Staten Island to the popular beach towns of the Jersey Shore, rescuers and officials on Friday continue to face widespread destruction wrought by superstorm Sandy, mounting anger over delayed relief and fuel shortages, and a rising death toll.
Professional social network LinkedIn Corp
Newmont Mining Corp,
Among prominent U.S. companies reporting quarterly results on Friday are media group McGraw-Hill
(Reporting by Edward Krudy; Editing by Bernadette Baum)