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US Stock Futures Steady as Investors Await Key Labor Data
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US Stock Futures Steady as Investors Await Key Labor Data
Jul 3, 2025 5:33 AM

08:11 AM EDT, 07/03/2025 (MT Newswires) -- US stock futures are steady premarket Thursday as investors look ahead to key employment reports to be released by the US Department of Labor in the morning.

The Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all marginally up.

Oil prices were slightly lower, with front-month global benchmarks Brent crude and West Texas Intermediate crude both declining 0.1%.

Investors are awaiting the latest data from the Department of Labor on the unemployment rate, initial jobless claims, and nonfarm payroll figures.

The unemployment rate is expected to rise to 4.3% in June from 4.2% in May, according to Bloomberg. Initial jobless claims are forecast to rise to 240,000 for the week from 236,000 the previous week, according to Bloomberg.

The US Bureau of Labor Statistics is also set to release its average hourly earnings report for June. Analysts expect average hourly earnings to increase 0.3% month on month, compared with 0.4% gain in May, according to Bloomberg.

In equities, shares of Global Interactive Technologies ( GITS ) rose 160% in Thursday's premarket, adding to a 16% gain on Wednesday. Empro Group's ( EMPG ) stock was up 40% a day after its debut on the Nasdaq. Shares of CapsoVision ( CV ) traded up 40%, wiping out a 30% loss the previous session.

On the losing side, shares of Inovio Pharmaceuticals ( INO ) tumbled 25% after it said Thursday that it priced a public offering of stocks and warrants at $1.75 for a share and warrants for gross proceeds of about $25 million. Blue Gold ( BGL ) shares dropped 12% after surging nearly 85% the previous session. Shares of Pinnacle Food Group ( PFAI ) fell 7%, adding to a 26% loss on Wednesday.

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