U.S. stock futures were little changed Friday ahead of a monthly jobs report that is likely to confirm the recovery in the labor market. Dow Jones Industrial Average futures added nine points, or 0.1%, to 17513. S&P 500 futures inched up one point to 2029 and Nasdaq-100 futures rose seven points, or 0.2%, to 4170. Changes in stock futures don’t always accurately predict moves in the stock market after the opening bell. Friday’s data are expected to show the economy added 233,000 jobs in October, with a steady unemployment rate of 5.9%, according to economists surveyed by The Wall Street Journal. Economists are watching for stronger signs of wage growth, which should boost consumer spending and economic growth. On Thursday, U.S. stocks advanced to records for the second day in a row. The Dow rose 0.4% to 17554.47 and the S&P gained 0.4% to 2031.21. It was the Dow’s 21st and the S&P’s 37th closing high for the year. The Dow has gained nearly 13% and the S&P has advanced about 16% in the last 12 months, through Thursday’s close. Stock-market gains in recent years have been credited with the Federal Reserve’s easy monetary policy. Last month, the Fed announced the end of its bond-buying program and brightened its economic outlook. Fed officials will now debate when to raise short-term interest rates, which have been near zero since December 2008. Many investors say that an eventual increase in rates will be prompted by the Fed’s acknowledgment of a strong economy, which is a positive environment for stocks. “We’re seeing a transition from asset price inflation, largely driven by accommodative monetary policy, to real Main Street strength,� said Michael Arone, State Street Global Advisors’ chief investment strategist. A sustained acceleration in wages could move U.S. inflation closer to the Fed’s longer-run target, allowing the central bank to lift interest rates. “Dollar strength, wage acceleration and low commodity prices are real benefits to consumers,� said Mr. Arone. “That’s good for the economy and ultimately good for stocks.� Muted stock moves were also visible in Europe, where the Stoxx Europe 600 was down 0.3%. The euro rose to $1.2394 from $1.2375 on Thursday, when it hit the lowest level since August 2012. In commodity markets, crude-oil futures rose 1% to $78.71 a barrel. Gold futures gained 0.4% to $1146.80 an ounce. The yield on the 10-year Treasury note rose to 2.387% from 2.376% on Thursday. In earnings news, Walt Disney Co. said quarterly profit rose 8%. Adjusted per-share earnings met expectations and revenue slightly beat estimates, but shares fell 1.8% premarket. First Solar Inc. reported a 55% decline in third-quarter profit as revenue fell more than expected. Shares fell 5.9% premarket.

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