U.S. Stock Futures Hold Steady Ahead of Closely Watched June Jobs Report

US stock futures were little changed ahead of the release of the June employment report in a holiday-shortened trading week.

The June jobs report was scheduled for release at 8:30 a.m. ET, with investors looking for clues on the Federal Reserve's next move on interest rates. (Photo: Nasdaq)

Futures tied to the Dow Jones Industrial Average, the S&P 500, and the Nasdaq 100 traded roughly flat, Yahoo Finance reported.

Stocks closed lower late last week as semiconductor shares retreated. Investors also weighed comments from Federal Reserve Chairman Kevin Warsh on inflation and monitored signs that US-Iran negotiations may be encountering renewed difficulties.

The June jobs report was scheduled for release at 8:30 a.m. ET, with investors looking for clues on the Federal Reserve's next move on interest rates.

Economists surveyed by Bloomberg expected the unemployment rate to remain unchanged. However, stronger-than-expected labor market data could reinforce expectations that the Fed may keep interest rates elevated or consider additional tightening.