NEW YORK (CNNMoney) - 

Trading is cautious ahead of a highly anticipated report on January job growth.

S&P 500, Dow Jones industrial average and Nasdaq futures were 0.2% higher ahead of the opening bell Thursday morning. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET.

The government's jobs data for the month of January is due out an hour before the opening bell.