India, Sept. 4 -- The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to give back ground after moving notably higher over the two previous sessions.
The futures slipped following the release of a closely watched Labor Department report showing much strong-than-expected U.S. job growth in the month of August.
The report said non-farm payroll employment surged by 162,000 jobs in August are rising by an upwardly revised 21,000 jobs in July.
Economists had expected employment to climb by 55,000 jobs compared to the loss of 23,000 jobs originally reported for the previous month.
The Labor Department also said the unemployment rate came in at 4.1 percent in August, unchanged from July. Economists...