Job Outlooks Limit Wall Street Pre-Bell; Asia, Europe Up

Wall Street futures pointed modestly higher pre-bell Monday, as traders took positions ahead of a week of labor market releases.

The Job Openings and Labor Turnover Survey, or JOLTS, for May is slated for release Tuesday morning, while the June employment situation, or jobs report, will post Friday pre-bell. The June ADP private-sector employment bulletin posts Wednesday in premarket hours.

Yields on benchmark 10-year US Treasuries rose above 4.40% in morning trades.

In the futures, the S&P 500 rose 0.1%, the Nasdaq was steady and the Dow Jones was up 0.1%.

Asian exchanges traded mostly higher overnight on a strong June factory report on China, and robust retail sales in Japan. Mumbai’s Sensex index struck a fresh all-time high.

European bourses tracked moderately higher midday on the continent.

On the economic calendar is the S&P Global June manufacturing PMI final at 9:45 am ET, followed by the June ISM Manufacturing Index, and the May construction spending bulletin at 10 am.

In premarket action, Bitcoin traded at $62,798, West Texas Intermediate crude oil traded higher at $81.94, and 10-year US Treasuries offered 4.4%. Spot gold traded for $2,329 an ounce.