Dow Jones Industrial Average futures indicated an opening gain of more than 200 points. S&P 500 futures and Nasdaq-100 futures also traded in positive territory.
The premarket moves Thursday followed the market’s first trading day in the third quarter. Both the S&P 500 and Nasdaq Composite gained during the regular session on Wednesday, with the latter jumping more than 1% to an all-time high.
U.S. markets will be closed on Friday for the July Fourth holiday.
Though traders accredited Wednesday’s gains to optimism over a Covid-19 vaccine being developed by Pfizer and BioNTech, Thursday’s multiple jobs reports loom large into the holiday weekend.
Economists expect nearly 3 million jobs were created in June, as companies rehired workers they let go when the economy shut down. Consensus estimates also forecast the unemployment rate falling to 12.4% from 13.3% in May.
Meanwhile, the weekly jobless claims data will also be released Thursday morning.
Another 1.38 million workers are expected to have filed initial claims for state unemployment benefits last week, down from 1.48 million the week earlier.
—CNBC’s Patti Domm contributed reporting.