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Stocks - U.S. Futures Rise Slightly Ahead of Jobs Report

Investing.com - Wall Street looked set to end the week on a positive note, as investors waited for the monthly jobs report to show how the U.S. economy has been holding up under ever-greater trade tensions.

Nasdaq 100 futures rose 12 points or 0.2% by 6:49 AM ET (10:49 GMT), while Dow futures gained 76 points or 0.3% and S&P 500 futures were up 7 points or 0.3%.

Non-farm payrolls are expected at 8:30 AM ET, with forecasts for job growth to slow to 164,000 from 193,000 in July. The data follows on the back of upbeat ADP processor numbers, which found jobs increased at their fastest pace in four months in August.

Markets were also supported by news that China's central bank cut reserve requirements for banks by an aggregate of 900 billion yuan ($128 billion), the latest iteration of central banks around the world continue to ease monetary policy.

Cisco Systems(NASDAQ:CSCO) rose 0.5% in premarket trading, while JPMorgan Chase&Co (NYSE:JPM) was up 0.1%, and DocuSign (NASDAQ:DOCU) surged 23.8% after it increased its third-quarter revenue guidance.

Facebook (NASDAQ:FB) dipped 0.8% while Netflix (NASDAQ:NFLX) inched down 0.1%.

In commodities, crude oil fell 1.5% to $55.47 a barrel. Gold futures were down 0.6% to $1,516.35 a troy ounce, while the U.S. dollar index, which measures the greenback against a basket of six major currencies, was up 0.1% to 98.440.

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