LONDON, May 7 (Reuters) - The dollar jumped against the yen and U.S. stock futures held earlier gains on Friday after data showed the U.S. economy added a bigger-than-expected 290,000 non-farm payroll jobs in April.
The data raised the strong possibility that the labour market recovery may be picking up steam. Analysts polled by Reuters had expected nonfarm payrolls to rise 200,000 last month.
The dollar rose towards the day's high against the yen, trading up 2.6 percent on the day at 93.01, before trimming its gains to 92.42.
U.S. stock futures were up around 0.7 percent on the day, pointing to a firmer open on Wall Street later. The MSCI world equity index pared losses to stand down 0.6 percent on the day. The FTSEurofirst 300 index were down around 1.4 percent on the day.
(Reporting by Natsuko Waki; editing by John Stonestreet)