U.S. stock index futures edged higher on Friday as signs of a fast recovering global economy boosted sentiment ahead of data that is expected to show the U.S. economy created nearly a million jobs in April. The Labor Department’s closely watched employment report comes a day after an upbeat reading on weekly jobless claims, and will be the first to show the impact of the White House’s $1.9 trillion COVID-19 pandemic rescue package approved in March. Investors will be looking for hints on monetary policy, as a stronger-than-forecast reading could spur bets that the Federal Reserve will reduce its massive stimulus program.
