US STOCKS-Futures extend gains after strong jobs data
* Nonfarm payrolls increase 211,000 in November
* Unemployment rate holds steady at 5 pct
* Average hourly earnings increase 4 cents
* Futures up: Dow 79.00 pts, S&P 9.25 pts, Nasdaq 14.00 pts (Adds quote, jobs data, updates prices)
By Sweta Singh
Dec 4 (Reuters) - U.S. stock futures extended gains on Friday after stronger-than-expected jobs data showed the economy was strengthening, building the case for an interest rate hike this month.
Nonfarm payrolls increased 211,000 in November, the Labor Department said on Friday. September and October data was revised to show 35,000 more jobs than previously reported.
The unemployment rate held at a 7-1/2-year low of 5 percent, even as people returned to the labor force in a sign of confidence in the jobs market.
"Investors are looking at a potential of a Fed tightening as a glass half full. They are celebrating that the economy is strong enough to sustain higher interest rates," Jack Ablin, chief investment officer at BMO Private Bank in Chicago, said. Continuación...