Global Markets Update: Stocks Gain Ahead of US Jobs Data

Friday, 3 Feb 2012 | 6:10 AM ET

US stock index futures pointed to a higher open for Wall Street after better than expected data in the euro zone and the UK and ahead of crucial nonfarm payroll data. European stocks reversed a negative trend after UK services PMI jumped to a 10-month high while in the euro zone the private sector snapped four months of decline and advanced.