Pending Jobs Report Steadies Wall Street Pre-Bell; Asia Choppy, Europe Up

07:19 AM EDT, 07/03/2025 (MT Newswires) -- Wall Street futures pointed sideways pre-bell Thursday as traders took to sidelines ahead of the June employment situation report from Washington.

The private sector ADP national jobs report, issued Wednesday, unexpectedly showed private nonfarm payrolls declined in June, the first net reduction in more than two years.

However, the official US employment report for June will be released at 8:30 am ET, with the consensus view that more than 100,000 net jobs were created nationally in the month.

In other news, the US House of Representatives may hold a final vote today on President Donald Trump's tax-and-spending bill.

In the futures, the S&P 500, the Nasdaq and the Dow Jones all hewed near Wednesday closes.

The New York Stock Exchange will close at 1 pm, and remain shuttered through Friday for the July 4 holiday.

Asian exchanges traded unevenly overnight, while European bourses edged north midday on the continent.

Datadog (DDOG) rose 9.3% pre-bell after it was disclosed that the data service enterprise will be added to the S&P 500 index next week.

On the busy economics releases calendar, in addition to the June jobs report, is the international trade in goods and services report for May and the weekly jobless claims bulletin at 8:30 am ET.

The S&P Global final US PMI composite for June posts at 9:45 am, while the factory orders report for May and the ISM Services Index for June post at 10 am.

The weekly EIA natural gas report posts at 10:30 am while the weekly Baker Hughes domestic oil-and-gas rig count posts at 1 pm.

Atlanta Federal Reserve President Raphael Bostic speaks on Thursday.

In premarket action, Bitcoin traded at $109,763, West Texas Intermediate crude oil traded lower at $67.30, and 10-year US Treasuries offered 4.26%. Spot gold traded for $3,350 an ounce.

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