US stock futures flat ahead of June jobs report

July 8, 2011 - 7:59 AM

US stock futures are nearly flat as traders await the government's key report on hiring and unemployment in June.

The data will show whether the economy has rebounded after slowing down this summer because of high gas prices and crises in Japan.

Major U.S. stock indices have recovered to near their highs for the year, reached on April 29. Two weeks ago, bad economic data had them near their yearly lows.

A strong jobs report Friday could jolt Wall Street, pushing stocks past those benchmarks.

Before the opening bell, Dow Jones industrial average futures are up 9 points, or 0.1 percent, at 12,690. Standard & Poor's 500 futures are down a fraction at 1,351. Nasdaq 100 futures are up 2, or 0.1 percent at 2,418.