US Stock Futures Edge Higher; All Eyes On Jobs Report

Pre-open movers US stock futures traded higher in early pre-market trade. Data on nonfarm payroll employment for January will be released at 8:30 a.m. ET, while consumer credit data for December will be released at 3:00 p.m. ET. Futures for the Dow Jones Industrial Average surged 28 points to 17,812.00, while the Standard & Poor's 500 index futures rose 2.90 points to 2,058.00. Futures for the Nasdaq 100 index climbed 4.75 points to 4,252.25. A Peek Into Global Markets European markets were mostly lower today, with the Spanish Ibex Index rising 0.14%, STOXX Europe 600 Index declining 0.14% and German DAX 30 index falling 0.58%. French CAC 40 Index declined 0.29% and London's FTSE 100 Index fell 0.25%. French trade deficit widened to 3.45 billion euros ($3.93 billion) in December, compared to EUR3.09 billion in November. German industrial output gained 0.1% on the month in December. In Asian markets, Japan's Nikkei Stock Average rose 0.82%, Hong Kong's Hang Seng Index fell 0.35%, China's Shanghai Composite Index fell 1.93% and India's BSE Sensex tumbled 0.46%. Broker Recommendation Analysts at B Riley downgraded Pandora Media, Inc. P from Buy to Neutral. The price target for Pandora Media has been lowered from $38 to $12.50. Pandora Media's shares dipped 22.22% to $14.32 in pre-market trading. Breaking news

• Moody's Corp. MCO reported stronger-than-expected results for the fourth quarter. To read the full news, click here.
• M/A-COM Technology Solutions MTSI announced today the pricing of its public offering of 7,800,000 shares of common stock at a public offering price of $30.00 per share. To read the full news, click here.
• Harris Corp. HRS reported better-than-expected earnings for the fiscal second quarter and lifted its earnings forecast for the year. Harris also announced its plans to acquire Exelis Inc. XLS for $23.75 per share in a cash and stock transaction. To read the full news, click here.
• GoPro Inc GPRO reported better than expected Q4 results on Thursday. To read the full news, click here.