Stock futures rose after November jobs data came in slightly better than expected on Friday, but not so hot as to deter the Federal Reserve from cutting rates again later this month. Futures tied to the Dow Jones Industrial Average added 49 points, or 0.1%. S&P 500 futures also advanced 0.1%, while Nasdaq 100 futures gained 0.2%. The November labor report, released on Friday morning, revealed that nonfarm payrolls increased by 227,000 in November, above the Dow Jones estimate of 214,000 and marking a huge hike from October’s gain of just 12,000. The unemployment rate nudged up to 4.2%, as expected. Following the not-too-hot, not-too-cold unemployment data, traders increased their bets on another rate cut in two weeks to 88%. “Data this morning was a Thanksgiving buffet with payrolls spot on, revisions positive, but unemployment ticking higher despite the participation rate falling. This print doesn’t kill the holiday spirit and the Fed remains on track to deliver a cut in December,” said Lindsay Rosner, head of multi-sector investing at Goldman Sachs Asset Management. Given the continued strength of the U.S. economy, Fed Chair Jerome Powell has previously said that policymakers don’t need to be “in a hurry to lower rates.” Stocks closed Thursday’s session lower, retreating from records the major indexes hit in the previous session. Week to date, the S&P 500 is up 0.7%, while the tech-heavy Nasdaq Composite has gained 2.5%. The 30-stock Dow is down 0.3% in the period. Treasury yields traded lower on Friday as investors digested key payroll data that kept the door open for another rate cut from the Federal Reserve later this month. The yield on the 10-year Treasury fell 3 basis point to 4.15%. Meanwhile, the 2-year Treasury yield declined 5 basis points to 4.09%. Japan stocks were lower after the close on Friday, as losses in the Transportation EquipmentPower and Textile sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.80%. Taiwan stocks were higher after the close on Friday, as gains in the Information ServicesSemiconductor and Computers & Peripherals sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.05%. Australia stocks were lower after the close on Friday, as losses in the EnergyConsumer Discretionary and Gold sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost 0.64%. Oil prices fell on Friday as analysts continued to forecast a supply surplus in 2025 despite the OPEC+ decision to postpone planned supply increases and extend deep output cuts to the end of 2026. Brent crude futures were down 65 cents, or 0.9%, to $71.44 per barrel in morning trading. U.S. West Texas Intermediate crude futures were down 67 cents, or 1%, to $67.63 per barrel. For the week, Brent was on track to fall 2%, while WTI was on course for a 0.5% drop. Gold prices edged higher on Friday, but were poised for a second straight weekly decline. Spot gold gained 0.2% to $2,637.12 per ounce, while U.S. gold futures climbed 0.4% to $2,659.00. Bullion has lost about 0.5% so far this week, after hitting its lowest since Nov. 26 earlier in the session.