After slumping on Thursday, stock futures across all American markets nudged higher on Friday, as traders eagerly anticipated the upcoming job report which has good chances of showing a decline in the country's rate of unemployment.

S&P 500 futures hiked by 2 points to 1100.00, and NASDAQ 100 futures climbed by 1.75 points to a new high of 1782.00. Futures on the Dow Jones Index were not lagging far behind, as they added a reported 19 points.

A part of the rise has been attributed to caution right before Friday's job reports, more so as St. Louis Fed President James Bullard said that the country's central bank could hike interest rates, even if the unemployment rate does not improve.

"We believe that if the unemployment rate continues to rise following last month's surprise rise, markets will react negatively and boost the U. S. dollar even if nonfarm payroll declines slow to
100,000", said Citigroup's Michael Hart.

November's Non-Farm Payrolls Report is due for release at 8.30 am EST, and experts are pegging that as opposed to October's losses of 190,000, about 100,000 jobs would be lost for ongoing month.