India, July 3 -- After ending the previous session mostly higher, stocks are likely to see further upside in early trading on Thursday. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2 percent.
Early buying interest may be generated in reaction to a closely watched Labor Department report showing employment in the U.S. increased by more than expected in the month of June.
The Labor Department said non-farm payroll employment shot up by 147,000 jobs in June after jumping by an upwardly revised 144,000 jobs in May.
Economists had expected employment to increase by 110,000 jobs compared to the addition of 139,000 jobs originally reported for the previous month.
The...