Futures muted as investors await key jobs data ...Middle East

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(Reuters) – Futures tracking Wall Street’s main indexes were subdued on Friday as investors awaited a crucial jobs report to look for signs of a slowing labor market, a key factor in dictating the path of interest rates. After a slew of mixed jobs reports through the week, the more comprehensive non-farm payrolls data on Friday is expected to show U.S. job growth slowed moderately in September, increasing by 170,000 after rising 187,000 in August. The labor market has managed to withstand the onslaught of the Federal Reserve’s aggressive rate-hike campaign, worrying investors that the central bank would keep its monetary policy tighter for a longer duration in its fight against inflation.

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