US futures saw a slight increase following the release of the November jobs report on Friday morning. Dow futures rose by approximately 50 points, representing a 0.1% increase. Similarly, S&P 500 futures and Nasdaq 100 futures also showed gains of 0.1% and 0.2%, respectively.
The Labor Department's report revealed that the US economy added 227,000 jobs in November, surpassing the expected 200,000 jobs. This significant increase comes after a meager addition of 36,000 jobs in October. However, the unemployment rate saw a slight uptick from 4.1% to 4.2%.
Market analysts are anticipating that the Federal Reserve will lower its benchmark interest rate by a quarter point during its upcoming policy meeting next week. This move is being closely watched by traders and investors as they assess the potential impact on the financial markets.
