U.S. stock futures were near the flatline on Wednesday evening as investors eagerly awaited the June jobs report, due tomorrow. This key report is expected to offer insights into the labor market’s health and its potential impact on the Federal Reserve’s policy decisions. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were up 0.01%, 0.06%, and 0.02%, respectively, at 8:09 p.m. EDT on July 2.
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Earlier on Wednesday, the S&P 500 climbed 0.47% to close at a new record high, also reaching a fresh intraday peak. Also, the Nasdaq Composite surged 0.94% to a record close. However, the Dow Jones was down 0.02%.
Market sentiment was lifted by President Donald Trump’s announcement on Truth Social about a trade agreement with Vietnam. This positive news partially offset the impact of a disappointing report from ADP (ADP), which indicated a decrease of 33,000 private-sector jobs last month.