Stocks are set to open higher on surprisingly jobs data Friday. Thirty minutes before the start of trading in New York, index futures hint at a possible triple digit gain for the Dow Jones Industrial Avrage.

Stock index futures rallied after the Labor Department reported that the US economy lost just 11,000 jobs in November. The headline number was significantly better than the 120,000 loss economists were expecting.

October numbers were revised to show a loss of 111,000 jobs, compared to an initial reading of -190,000. The unemployment rate fell to 10 percent, from 10.2 percent. Economists were looking for an increase to 10.3 percent. However, average hourly earnings rose .1 percent, and at half the rate economists had predicted.

Nevertheless, the overall report was much better-than-anticipated and, while stocks are expected to open higher, bonds are taking a hit. The benchmark ten-year Treasury is down 23/32nd and now yields 3.47 percent.

The dollar is rallying, up 1.53 to 89.78. The euro sank .0121 to 1.4926 against the buck.

Crude oil added 54 cents to $77 a barrel, but dollar strength triggered a $24 drop in gold, which is now near $1194 an ounce.

Among the stocks to watch, Marvell Technology (MRVL) is up 6.5 percent after the company reported a 35-cent per share profit, which beat Street estimates by 8 cents. Sun Micro (JAVA) gained 6 percent after the NY Post reported Oracle might crate a separate entity to house JAVA’s MySQL database. LDK Solar (LDK) added 5 percent on DJ reports the company has reached a deal with Q-cells to continue a wafer supply contract. Juniper (JNPR) edged up 2 percent after Goldman added JNPR to its Conviction Buy List.

Take Two (TTWO) is taking a 30 percent hit after the company pre-announced fourth quarter earnings results and was the victim of multiple broker downgrades. Smith and Wesson (SWHC) is set to gap lower after reporting better than expected second quarter results, but guiding revenue estimates lower for the third quarter.