(Reuters) - The U.S. payrolls report, due at 8:30 a.m , will be scrutinized for further clues about the outlook for interest rates. It is forecast to show employers created 100,000 jobs in April, compared with 180,000 in March.
Yahoo's shares rose 17.7 percent to $33.20 in electronic trading after the New York Post reported Microsoft, the world's biggest software company, has asked the Web media company to return to formal talks. Microsoft shares fell 1.4 percent to $30.53.
Read more at Reuters.com Business News
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