India, June 5 -- Stocks may show a lack of direction in early trading on Thursday, extending the lackluster performance seen over the course of the previous session. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by less than a tenth of a percent.
Traders may be reluctant to make significant moves ahead of the release of the Labor Department's closely watched monthly jobs report on Friday.
Economists currently expect employment to increase by 130,000 jobs in May after jumping by 177,000 jobs in April, while the unemployment rate is expected to hold at 4.2 percent.
The data could have a significant impact on the outlook for the economy following yesterday's weaker than ex...