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TH: Futures Point Slightly Higher
 
NEW YORK (TheStreet) -- With the market awaiting jobs figures, futures pointed to a slightly higher open for stocks on Friday.

Futures for the S&P 500 rose 1.4 points to 1064.6 and were 1.07 points above fair value, and futures for the Nasdaq rose 2.25 points to 1721.5 and were 1.76 points above fair value.
On Thursday, the Dow closed above 10,000, marking its biggest single-day surge since mid-July.

The market will be focused on a report from the Labor Department this morning. At 8:30 a.m. EST, fresh nonfarm payroll data and a new unemployment rate for October will be released. Analysts anticipate payrolls to be slashed by 175,000 and the nation's jobless rate to tick higher by one-tenth to 9.9%.

New wholesale inventory and consumer credit figures will also be released later today.

Overseas, the FTSE in London was up 0.2%, while the DAX in Frankfurt was flat. In Asia, Hong Kong's Hang Seng added 1.6%, and Japan's Nikkei gained 0.7%.

Following the market close on Wednesday, Nvidia(NVDA Quote) posted adjusted quarterly earnings at 19 cents a share vs. a consensus of 10 cents a share. Starbucks(SBUX Quote) also beat forecasts, reporting adjusted earnings at 24 cents a share vs. an anticipated 21 cents a share.

In Britain, government-controlled Royal Bank of Scotland said it lost 1.8 billion pounds in its recently completed quarter.

The markets will also await earnings releases from Blackstone(BX Quote) and AIG(AIG Quote).

Crude oil futures were adding 17 cents at $79.79 a barrel, while gold was rising $4.70 to $1,094 an ounce.

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