US futures tick up ahead of payroll report

New York - US stock index futures were slightly higher on Friday, indicating the market's recent gains could be extended, though investors held off from making large bets ahead of the highly anticipated May payroll report.

The US bourse is set to open higher as European leaders get ready to meet. Credit: REUTERS

The report, due at 8:30 a.m. EDT (14:30 SA time), is also expected to show the US unemployment rate rose to 6.4 percent in May from 6.3 percent.

Dow Jones industrial average futures added 30 points and Nasdaq 100 futures rose 4.75 points.

About 93,464 S&P 500 e-mini contracts traded hands as of 7:00 a.m. on Friday, suggesting another day of anaemic action.

Both the Dow and S&P are on track for their third straight weekly advance, while the Nasdaq is on track for its fourth.