U.S. stock index futures ticked slightly higher Tuesday following the delayed release of the government jobs report.
U.S. employers added just 148,000 workers in September, according to the Labor Department, missing expectations for a gain of 180,000 new jobs. Still, the unemployment rate dropping to 7.2 percent, the lowest level since November 2008.
The report, originally scheduled for release on Oct. 4, was delayed more than two weeks due to the government shutdown. Most market-watchers now expect the central bank to continue its $85 billion a month bond-buying program until well into 2014.
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On Monday, Chicago Fed President Charles Evans, one of the more dovish members of the Federal Reserve's Open Market Committee, had said the central bank was likely to delay tapering off its asset purchases for several months, awaiting "a couple of good labor reports and evidence of increasing GDP growth."
"The Fed will be no rush to engage in tapering this year," wrote Tanweer Akram, senior economist at ING Investment Management. "As a result, 10 year Treasury yields are likely to stay confined in a range of 2.2 percent to 3.2 percent rest of the year."