07:23 AM EDT, 07/05/2024 (MT Newswires) -- The benchmark US stock measures edged higher before Friday's open as investors await the national employment situation report for June.

The S&P 500 and the Dow Jones Industrial Average each edged slightly higher in the premarket, while the Nasdaq rose 0.2%. US markets were closed on Thursday for the Independence Day holiday.

The majority of Asian exchanges were pointing lower. European bourses were trending upwards midday on the continent, after the UK's Labour Party won the general election.

The jobs report for last month is scheduled to be released at 8:30 am ET. Government data are expected to show nonfarm payroll growth of 189,000 in June, which would mark a decline from a 272,000 gain reported the month before, according to a consensus compiled by Bloomberg.

Friday's economic calendar also has the weekly Baker Hughes domestic oil-and-gas rig count at 1 pm.

Shares of Tesla (TSLA) gained 1.6% pre-bell while Nvidia ( NVDA ) declined 0.2%. Coinbase Global ( COIN ) slumped 5.9%, dragged down by Bitcoin's 5.9% drop to $54,933. West Texas Intermediate crude oil ticked up 0.1% to $84 a barrel, yields on 10-year Treasuries fell 0.9 basis points to 4.34% and gold increased 0.2% to $2,372 an ounce.