Strong Jobs Data May Lead To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to move to the upside following the lackluster performance seen in the previous session.The futures advanced following the release of a closely watched Labor Department report showing employment in the U.S. increased by much more than expected in the month of January.The Labor Department said non-farm payroll employment jumped by 130,000 jobs in January after rising by a downwardly revised 48,000 jobs in D ...