Futures point to higher open on Wall St; jobs eyed

* U.S. stocks (Read more about the stock market today. ) futures edged up on Friday, pointing to a
slightly firmer start for Wall Street, as shares added to gains
from the previous session ahead of a key labour market report.

* By 0908 GMT, futures for the Dow Jones (DJc1: ), S&P 500
futures (SPc1: ) and Nasdaq futures (NDc1: ) were up 0.2 percent.

* Investors will focus on non-farm payrolls data, due at
1330 GMT and expected to show a loss of 50,000 jobs in February,
compared to 20,000 job cuts in January, a Reuters poll found.

* Economists expected the unemployment rate to hit 9.8
percent in February, against 9.7 percent in the previous month.

* Analysts said a fall in the payrolls numbers was likely in
February, as winter storms that pounded parts of the country
kept some workers at home, but a swift recovery was expected in
March. [ID:nN04252324]

* Other economic data set for release on Friday included the
Economic Cycle Research Institute (ECRI) U.S. Future Inflation
Gauge for February at 1440 GMT. The figures are designed to
anticipate cyclical swings in the rate of inflation.

* January consumer credit numbers were scheduled for release
at 2000 GMT.

* U.S. stocks (Read more about the stock market today. ) rose on Thursday after better than expected
monthly sales from retailers and a drop in the number of
Americans filing claims for jobless benefits pointed to
stabilisation in the economy.

* ArcSight Inc (ARST.O: ) shares fell 8.3 percent to $26.48 in
extended trade on Thursday after the company reported quarterly
results. [ID:nWNAB5587]

* Cooper Companies (COO.N: ) shares fell 5.5 percent to $38 in
extended trade on Thursday after the company posted quarterly
results and said it was amending its full-year 2010 guidance.
[ID:nWNAB5597]

* Marvell Technology Group Ltd (MRVL.O: ) shares tumbled 4.4
percent to $19.25 in after-hours trade on Thursday after the
company reported quarterly results. [ID:nWNAB562]

* General Growth Properties Inc (GGWPQ.PK: ) plans to list its
common shares on the New York Stock Exchange and will begin
trading on Friday under its former symbol “GGP”, though it is
still in bankruptcy. [ID:nN04245670]

* In Europe, the pan-European FTSEurofirst 300 (.FTEU3: )
index of top shares was up 0.4 percent at 1,040.08 by 0907 GMT.

Stock Market News

(Reporting by Harpreet Bhal; Editing by Dan Lalor)

Futures point to higher open on Wall St; jobs eyed