Stocks look to open higher ahead of jobs report

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By CNNMoney staff

NEW YORK (CNNMoney) — U.S. investors await the monthly jobs report Friday, with stock futures indicating a higher open after the report’s release.

Dow Jones industrial average (INDU), SP 500 (SPX) and Nasdaq (COMP) futures rose between 0.2% and 0.3%, but the 8:30 a.m. ET monthly jobs report is likely to affect those gains. Futures measure current index values against perceived future performance.

Friday marks the one-year anniversary of Wall Street’s ‘flash crash’ that sent the Dow industrials plunging nearly 1,000 points in less than 20 minutes.

On Thursday, a sell-off on Wall Street accelerated late in the day, as oil prices plunged and other commodities sharply declined.

Oil and silver continue to slide Friday morning.

Just a week ago, silver prices were within spitting distance of breaching $50 an ounce. Friday, silver futures for July delivery dropped $1.34 to $34.90 an ounce.

Oil for June delivery slipped $2.20 to $97.60 a barrel, after plunging 8.6% to close below $100 a barrel Thursday.

After 44 straight increases, the

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