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Futures Dip Slightly; Market Wary Ahead of Jobs Data By Sebastian Silva | Nov 01, 2015 | 08:55 PM EST

NEW YORK ( TheStreet) -- U.S. stock index futures opened slightly lower after major indexes declined fractionally in Friday's session. Despite the modest decline on the last day of the week, stocks capped October with their biggest monthly gain in four years.

The S&P surged 8% last month, fueled in part by strong earnings reports from high-profile names and macro factors like the Federal Reserve's ongoing reluctance to raise interest rates and Europe and China's commitment to stimulate their economies.

Over the weekend, Turkey's AK Party won Sunday's parliamentary elections, strengthening President Recep Tayyip Erdogan's 13-year grip on power after a divisive campaign marked by violence, Bloomberg reported.

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China's first key indicator of the quarter, an official factory gauge, contracted for a third straight month, Bloomberg reported. And China, Japan and South Korea declared that their cooperation was fully restored in Seoul at...