Wall Street Breakfast: It's Jobs Day

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Dow futures are up 75 points, with S&P 500 and Nasdaq futures ahead by 0.3% and 0.5%, respectively, ahead of the Labor Department's closely watched monthly employment report that's likely to signal little desire to adjust monetary policy anytime soon. Nonfarm payrolls probably increased by 181K jobs last month after rising to 196K in March, with the unemployment rate holding steady at 3.8% and average hourly earnings likely climbing 0.3%. A solid official reading would bolster the notion the U.S. economy is on track for its longest expansion ever, further boosting the greenback and prospects for corporate earnings.

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