Futures turn positive on moderate job growth in September

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© Reuters. Traders work on the floor at the NYSE in New York© Reuters. Traders work on the floor at the NYSE in New York

(Reuters) – U.S. stock index futures turned positive on Friday after data showed a moderate increase in job growth in September, with the unemployment rate dropping to near a 50-year low, diminishing worries of a sharp slowdown in the world’s largest economy.

At 8:35 a.m. ET, <1YMcv1> were up 70 points, or 0.27%. were up 6.25 points, or 0.21% and were up 27.75 points, or 0.36%.

Moments before the data, e-minis <1YMcv1> were down 71 points, or 0.27%. e-minis were down 9.75 points, or 0.33% and e-minis were down 21 points, or 0.27%.

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