Stock Market Today: Jobs Data to Cap Off Chockablock Week
Nonfarm payrolls are expected to advance 211,000 in June after a 217,000 gain in May, while the unemployment rate is forecast to hold steady at 6.3%.
The U.S. international trade gap, out at 8:30 a.m. EDT, is expected to narrow to $45.1 billion from $47.2 billion a year earlier.
Futures of the Dow Jones Industrial Average added 0.09% to 16,915, futures for the S&P 500 climbed 0.1% to 1,969.75, and Nasdaq futures gained 0.13% to 3,895.
Markets were little moved over Wednesday's session as Wall Street digested data on payrolls and factory orders. The Dow made moves higher, but is yet to hit the 17,000-level. However, as Wells Fargo analyst Scott L. Wren notes, this level is less important from a technical trading level and more of psychological significance.
U.S. markets will close at 1 p.m. EDT Thursday ahead of the Independence Day holiday Friday. Markets will remain closed for the public holiday and resume as normal Monday.
--Written by Keris Alison Lahiff in New York.