US futures are higher this morning following a better than expected jobs report. The government jobs report showed the US added 222,000 jobs compared to estimates of 179,000 and the unemployment rate rose to 4.4 percent. A sharp drop in oil prices caused by news of further increase in US production weighed on the energy sector. Brent and crude are trading down about 1.75% each. Asian markets closed mostly lower led by the Hang Seng and markets in Europe are trading mostly lower on the back of lower oil prices.