WALL Street was set to open higher on Friday after data showed the U.S. added fewer-than-expected jobs in July but retained enough momentum to likely shield the economy from a recession amid aggressive tightening by the Federal Reserve.
Nonfarm payrolls increased by 187,000 jobs last month, the Labor Department data showed. Data for June was revised lower to 185,000 jobs added instead of the previously reported 209,000.
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