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S&P 500 Futures Pare Gains After October Payrolls Data

S&P 500 futures pared gains after payrolls rose by 165,000, versus 65,000 jobs in the prior month. The stronger-than-expected report reinforced expectations of a possible Federal Reserve rate increase next month.

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S&P 500 futures pared gains on Friday after a stronger-than-expected jobs report reinforced expectation that the Federal Reserve could raise interest rates in its policy meeting next month.A Labor Department report showed non-farm payrolls increased by 165,000 last month, compared with 65,000 jobs…

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