March 9, 2018 / 1:40 PM / 7 months ago

US STOCKS SNAPSHOT-Futures higher after jobs data

March 9 (Reuters) - U.S. stock index futures moved higher on Friday after payrolls data showed wage increases were muted in February, tempering a very high jobs number and cooling expectations of a faster rise in inflation.

Average hourly earnings edged up four cents, or 0.1 percent, to $26.75 in February, a slowdown from the 0.3 percent rise in January. That lowered the year-on-year increase in average hourly earnings to 2.6 percent from 2.8 percent in January.

Futures snapshot at 8:31 a.m. EDT:

* Dow e-minis were up 77 points, or 0.31 percent, with 28,856 contracts changing hands.

* S&P 500 e-minis were up 7 points, or 0.26 percent, with 183,370 contracts traded.

* Nasdaq 100 e-minis were up 22.5 points, or 0.32 percent, on volume of 33,651 contracts. (Reporting by Ankur Banerjee in Bengaluru; Editing by Sriraj Kalluvila)

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