US STOCKS-Futures little changed on caution ahead of jobs report

viernes 2 de mayo de 2014 07:45 GYT

* U.S. jobs report to signal stronger growth momentum

* Astrazeneca rejects Pfizer's raised bid of $106 bln

* Futures: Dow up 3 pts, S&P up 1 pt, Nasdaq up 1 pt

By Angela Moon

NEW YORK, May 2 (Reuters) - U.S. stock index futures were little changed Friday on caution ahead of the key U.S. nonfarm payrolls report for April.

* The payrolls report, due out at 8:30 a.m. ET (1230 GMT), is expected to show U.S. hiring likely increased at its quickest pace in five months in April, which would bolster hopes of a strong rebound in economic activity in the second quarter.

* Employers probably added 210,000 jobs last month after increasing headcount by 192,000 in March, according to a Reuters poll. That would also beat the pace of payrolls gains in the first quarter, of 177,667 jobs per month.

* Data released Thursday showed the number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to improving labor market conditions.

* S&P 500 e-mini futures added 1 point and were in line with fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 3 points and Nasdaq 100 futures added 1 point.   Continuación...