(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

* Jobs report weaker than expected

* IPhone sales slump weighs on Apple

* Amazon sees bright Q3 on resilient cloud sales, shopping trends

* Futures up: Dow 0.18%, S&P 0.37%, Nasdaq 0.56%

Aug 4 (Reuters) - Wall Street was set to open higher on Friday after data showed the U.S. added fewer-than-expected jobs in July but retained enough momentum to likely shield the economy from a recession amid aggressive tightening by the Federal Reserve.

Nonfarm payrolls increased by 187,000 jobs last month, the Labor Department data showed. Data for June was revised lower to 185,000 jobs added instead of the previously reported 209,000.

Average hourly earnings grew 0.4% in July, unchanged from the previous month but a tad higher than expectations, spurring worries of more interest rate hikes before the end of 2023. That kept the year-on-year increase in wages at 4.4%.

"Today's jobs report is slightly weaker than expected. Last month's results offered evidence that employment growth had begun to slow, and today's numbers indicate that a downward trend may be in motion," said Richard Flynn, managing director at Charles Schwab UK.

"While this should be encouraging for policymakers as they continue to battle sticky inflation, the Fed would likely prefer to see wage gains closer to 3%. So further interest rate hikes may be around the corner."

Meanwhile, Amazon.com shares surged 9.6% in premarket trading after the company issued an upbeat outlook for the third quarter. Apple's shares shed 2.6% as the iPhone maker forecast a continued slide in sales.

Shares of peers Microsoft, Alphabet and Snowflake rose between 0.5% and 5.2% after Amazon's cloud business segment beat sales estimates.

A Labor Department report on Thursday showed the number of Americans filing new claims for unemployment benefits increased slightly last week, while layoffs dropped to an 11-month low in July.

The yield on the 10-year benchmark note fell after the jobs data but hovered near the nine-month high it hit, partly due to Fitch downgrading the United States from a AAA rating to AA+ earlier this week.

Stocks closed marginally lower on Thursday weighed down by the last batch of economic data and disappointing earnings.

At 8:53 a.m. ET, Dow e-minis were up 63 points, or 0.18%, S&P 500 e-minis were up 16.75 points, or 0.37%, and Nasdaq 100 e-minis were up 85.75 points, or 0.56%.

Of the 392 companies in the S&P 500 that have reported quarterly earnings as of Thursday, 79.3% have beat analysts' estimates, according to Refinitiv data.

Shares of Tupperware, known for its plastic airtight storage containers and bowls, rallied 57.4% in trading before the bell after it finalized an agreement with its lenders to restructure its debt obligations in an effort to turn around its business.

Amgen gained 1.6% after it reported a higher quarterly profit on strong sales of its cholesterol, osteoporosis and other drugs. Its planned acquisition of Horizon Therapeutics is delayed due to regulatory scrutiny.

Sports-betting firm DraftKings' shares surged 11.7% after it raised its fiscal year 2023 revenue outlook.

(Reporting by Shubham Batra and Bansari Mayur Kamdar in Bengaluru; Editing by Savio D'Souza and Shounak Dasgupta)