India, Aug. 7 -- The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground after moving mostly lower over the two previous sessions.
The futures reached new highs for the day following the release of the Labor Department's closely watched report on employment in the month of July.
The Labor Department said non-farm payroll employment fell by 23,000 jobs in July after rising by a downwardly revised 20,000 jobs in June.
Economists had expected employment to climb by 88,000 jobs compared to the addition of 57,000 jobs originally reported for the previous month.
While the report points to some weakness in the labor market, the data has also eased concerns about the possibility of the...