Investors looked set to live off Thursday's solid performances for U.S. stocks, with the upcoming jobs report could only spoil the mood if it shows any signs of a weakness. U.S. stock futures were pointing higher ahead of the opening bell, however a negative surprise in today`s Labor Department numbers could reverse the tone of trading. -Futures on the Dow Jones Industrial Average gained 0.251% TO 15588 -Futures on the S&P 500 gained 0.345% TO 1772.70 -Futures on the NASDAQ 100 gained 0.552% TO 3506.50 . As of 07:06 a.m. ET U.S. stocks rallied Thursday, with the Dow Jones Industrial Average and S&P 500 logging their biggest gains of the year. Investors were encouraged after fewer-than-expected Americans filed for unemployment benefits last week. The U.S. government is set to release its monthly jobs report at 8:30 a.m. ET. The much-anticipated data release tends to set the tone for the remainder of the trading session. Economists surveyed by Bloomberg expect the U.S. economy added 180,000 jobs in January, up from a pathetic 74,000 in December. The unemployment rate is set to remain at a 5 five-year low of 6.7 percent. This is the first jobs report that is released under Janet Yellen as a Chairman of the Federal Reserve, and is the first big piece of data that truly displays how the U.S. economy is performing, and any surprise in the figures will surely reflect on Yellen's measures as a policy maker. European markets were mostly higher in morning trading, though investors on the continent are also waiting for the latest jobs data before making any big bets. Asian markets ended the week with gains. The Nikkei in Japan was a standout performer, advancing by 2.2% Friday. The index is on the rebound after losing 11.2% since the beginning of 2014. Corporate NewsLinkedIn shares sank in premarket trading Friday after the professional networking site reported solid quarterly earnings and sales, but offered disappointing guidance. News Corp shares rose following quarterly earnings that beat expectations. Shares in Outerwall Inc., which produces Redbox and Coinstar dispensers, surged after-hours on news that the company plans to buy back $350 million worth of stock. Shares rose for ArcelorMittal, even though the steel and mining company reported a quarterly loss. But the loss beat expectations.