Friday, May 4, 2007

Futures rise on Yahoo report, jobs data eyed

(Reuters) - The widely anticipated monthly U.S. payrolls report, due at 8:30 a.m , will be scrutinized for further clues about the outlook for interest rates. It is forecast to show employers created 100,000 jobs in April, compared with 180,000 in March.

Yahoo's shares rose 15 percent in Europe after the New York Post reported Microsoft, the world's biggest software company, has asked the Web media company to reenter formal talks.


Read more at Reuters.com Hot Stocks News

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