NEW YORK (TheStreet) -- U.S. stock futures were pointing to a flat open for Wall Street on Friday, as traders awaited key jobs data from the world's largest economy.
European stocks were rising while Asian stocks finished the trading session higher. Japan's Nikkei 225 index closed up 0.4% to 8,863.30 after the Bank of Japan announced no change in the country's key interest rate.
The economic calendar in the U.S. Friday includes the nonfarm payrolls report for September at 8:30 a.m. EDT.Employers were expected to have added 113,000 jobs to their payrolls in September, according to a Reuters poll of economists. The unemployment rate is forecast to have risen to 8.2% from 8.1%. Consumer credit data for August also is due to be released Friday at 3 p.m.
U.S. stocks on Thursday finished with solid gains following encouraging data on labor market conditions and dovish commentary from the European Central Bank. The Dow Jones Industrial Average rose 81 points, or 0.6%, to close at 13,575.
Sprint Nextel (S) is considering making a rival bid for MetroPCS Communications (PCS), which agreed on Wednesday to merge with T-Mobile USA, according to a report. Citing people familiar with the situation, Reuters reported Sprint is deciding whether to go public with a bid for MetroPCS, or to wait to bid for the combined company, in which Deutsche Telekom (DT) will own a stake of 76%.
Zynga (ZNGA), the social gaming company, forecast a loss for the third quarter and lowered its full-year outlook. Zynga said it expects a loss of 12 cents to 14 cents a share for the September-ended quarter with its non-GAAP per share performance coming in either breakeven or a loss of a penny a share. Wall Street's current consensus view is for a breakeven performance. Zynga projected third-quarter revenue in a range of $300 million to $305 million. For the year, the company dropped its expectations to bookings of $1.085 billion to $1.1 billion from a prior view of $1.15 billion to $1.225 billion.
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