×

US stock futures hold around breakeven after jobs report misses estimate

A trader works on the floor of the New York Stock Exchange.
Getty Images

U.S. stock index futures held mostly flat on Friday after data showed the U.S. economy added less jobs than expected in October as traders geared up for next week's presidential election, where some polls appear to show the race between Hillary Clinton and Donald Trump tightening as campaigning enters its final days.

Jobs in the U.S. grew by 161,000 last month, while economists polled by Reuters expected an increase of 175,000. The unemployment rate stood at 4.9 percent —in line with expectations —as investors got to digest the final payrolls report before Tuesday's presidential election.

On the earnings front, Regeneron, Madison Square Garden and Duke Energy all posted quarterly results before the bell.

Friday will also see comments from Federal Reserve Vice Chairman Stanley Fischer at 4 p.m. ET. Atlanta Fed President Dennis Lockhart and Dallas Fed President Rob Kaplan are also scheduled to speak Friday.

In Europe, the pan-European Stoxx-600 index fell 0.97 percent lower on Friday. The Shanghai composite in China closed 0.12 percent lower and the Nikkei in Japan closed 1.34 percent lower.

In oil markets, Brent crude traded at $45.77 a barrel on Friday, down 1.25 percent, while U.S. crude was around $44.23 a barrel, down 0.94 percent.