Signal of future joint actions open for equities

The Dow Jones industrial average rose 93.47 points or 0.74%, at the end informally to 12,719.49.

Credit: Reuters/chart.

(Reuters) The specified stock market index futures a mixed open on Wall Street Friday, with futures for the S & P 500 fell by 0.1%, while the Dow Jones and Nasdaq 100 Futures increased by 0.1%.

* Data at 1230 GMT are expected to show that US companies stepped up hiring in June, then only the economy recovered a blunder in recent months although employment growth was not expected to be strong enough to eat in a high unemployment.

* Non-farm compensation is expected to have increased by 90,000, according to a Reuters survey last week. In may, employment rose a paltry 54 000. Many economists raised their forecasts Thursday after a stronger than expected reading the U.S. private hiring of ADP payroll processor, and they now expect gains anywhere between 125,000 and 175,000.

* Caterpillar Inc. (CAT.)(N), major manufacturer the most heavy equipment, said China regulator has approved its acquisition of the American Society of mining Bucyrus International (BUCY)(O), paving the way for the company completed an agreement announced in November.

* The Department of Commerce release inventories wholesale for may at 1400 GMT. Economists forecast inventories may rise 0.7% to 0.8% in April.

* At 1430 GMT, Economic Cycle Research Institute (ECRI) releases its weekly index of economic activity for July 1. The week before the index read 126.4.

* In a surprising reaction to the scandal engulfing the media empire of Rupert Murdoch, the arm of British newspaper from News Corp. (NWSA.)(O) announced that it publish news 168 years of the world for the last time this weekend.

* The Executive Board of IMF Friday should approve the payment of a little over 3 billion euros for the Greece, in time to help the country to pay the debts falling due this month.

* President Barack Obama said top legislators U.S. Thursday he would not sign an extension in the short term of the U.S. debt ceiling and said negotiators would work through the weekend on an agreement to avoid a default value of the debt.

* Air France-KLM (KFIA.)(PA) hopes to announce the results of a competition between Airbus (EAD).(PA) and Boeing (BA).(N) to provide the European company with jets widebody in the summer, Chief Executive said Thursday.

* Newport Corp (NEWP.)(O), an American manufacturer and distributor of parts of precision, is buying the Israeli group Ophir Optronics (Riso.)(TA) for $ 230 million to strengthen the position of Newport in thermal imaging products.

* Google Inc. (GOOG).(O) is leaving the door open to more cooperation with Facebook and Twitter social media giants and believes there is room in several social networks that he launched his own, CEO Eric Schmidt said.

* The FTSEurofirst 300.FTEU3 index of the top European share rose 0.2 percent Friday after rising 0.4% at the previous session to its highest close to five weeks. Nikkei average of Japon.N225 reached a peak of four months.

* The Dow Jones industrial average.DJI shot 93.47 points, or 0.74%, to 12,719.49. Standard & Poor 500 Index.SPX received 14 points, or 1.05%, to 1,353.22. The Nasdaq.IXIC Composite Index soared 38.64 points, or 1.36%, to 2,872.66.

(Statement by Atul Prakash)