Stocks set for a higher start after better-than-expected employment report

U.S. stocks were poised for a somewhat lower start Friday morning as investors braced themselves for a sobering July employment report from the U.S. Labor Department due out 8:30 a.m., an hour before the open. Meanwhile, investors also reacted to the expansion of the cash-for-clunkers program and to AIG's (AIG) first quarterly profit since 2007.

More here: Before the bell: Stock futures lower ahead of employment report

[Update: Stock futures did a 180 and are now trading higher after July's non-farm payroll report showed the pace of U.S. job losses slowed more than expected -- falling by 247,000 -- and the unemployment rate actually dropped for the first time since April 2008, registering a 9.4% unemployment rate, in the clearest sign yet that the worst recession since the Great Depression is easing.]
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Markets

DJIA 21,397.29 -12.74 -0.06%
NASDAQ 6,236.69 2.73 0.04%
S&P 500 2,434.50 -1.11 -0.05%
NIKKEI 225 20,132.67 22.16 0.11%
HANG SENG 25,670.05 -4.48 -0.02%
DAX 12,700.17 -93.83 -0.73%
USD (per EUR) 1.12 0.00 0.21%
USD (per CHF) 0.97 0.00 -0.07%
JPY (per USD) 111.29 0.00 0.00%
GBP (per USD) 1.27 0.00 0.36%

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