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US stock futures extend gains after December nonfarm payrolls data

BY Reuters | ECONOMIC | 08:44 AM EST

Jan 9 (Reuters) - U.S. stock index futures extended gains on Friday, as investors ?digested December payrolls data that ?showed a cooling in ?jobs growth and ?unemployment ?rate ticking lower.

A Labor Department ?report showed ?nonfarm payrolls increased 50,000 in December, ?compared with ?an ?estimate of a 60,000 rise, according to economists ?polled by Reuters.

The unemployment rate stood at 4.4%, slightly below analyst expectations.

At 08:31 ?a.m. ?ET, Dow E-minis were up 90 ?points, or 0.18%, S&P 500 E-minis were up 14.5 points, or 0.21%, and Nasdaq 100 E-minis ?were up 60.5 points, or 0.24%.

(Reporting by Nikhil Sharma; ?Editing by Shinjini Ganguli)

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