U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will snap a five-day decline, after American employers added more jobs than forecast. Treasuries declined and the dollar rose. S&P 500 futures added 0.4 percent to 1,790.30 as of 8:33 a.m. in New York. Ten-year Treasury yields increased four basis points to 2.91 percent. The dollar advanced 0.9 percent to 102.73 yen. Employers added more workers than forecast in November and the jobless rate dropped to a five-year low of 7 percent, showing further progress in the labor market that will help provide a spark for the U.S. economy. The 203,000 increase in payrolls followed a revised 200,000 advance in October, the strongest back-to-back gain since February-March, Labor Department figures showed today in Washington. The median forecast of 89 economists surveyed by Bloomberg called for a 185,000 advance. Two Federal Reserve regional bank presidents said yesterday any decision to taper bond buying should be accompanied by a limit on the size of the program or a timetable for ending it. Japan’s Government Pension Investment Fund should pare domestic bonds immediately, said Takatoshi Ito, chairman of the advisory group. The Stoxx 600 lost 3.3 percent in the five days through yesterday, paring its advance for the year to 12 percent. The index fell 0.9 percent yesterday as European Central Bank President Mario Draghi said financial-market developments and low domestic demand may hurt the euro area’s economy. Stock Returns The S&P 500 is heading for a 25 percent increase this year, which would be the biggest jump since 2003. Investors are seeking to gauge when the Fed will reduce stimulus amid signs of an improving U.S. economy. Reports yesterday showed the annualized growth rate in the third quarter rose the most since the first three months of 2012 and jobless claims unexpectedly declined last week. In a Bloomberg Global Poll Nov. 19, four of five investors said they expected the Fed to put off a decision to start cutting its $85 billion-a-month in bond buying until March 2014 or later. The Federal Open Market Committee meets Dec. 17-18. Thailand’s SET Index lost 1.1 percent and the baht slid 0.4 percent. Demonstrators seeking to oust Thai Prime Minister Yingluck Shinawatra are expected to resume protests after a holiday yesterday. To contact the reporters on this story: Richard Frost in Hong Kong at rfrost4@bloomberg.net; Stephen Kirkland in London at skirkland@bloomberg.net To contact the editor responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net

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