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US futures tick up ahead of data flurry

International

New York - US stock index futures ticked up in light volume on Thursday after the S&P 500 and the Dow industrials closed at a record, ahead of a short session on Wall Street that is packed with economic data.

* The key government non-farm payrolls numbers are due at 8:30 a.m. EDT (14:30 SA time) and are expected to show the economy created 212,000 jobs last month according to a Reuters survey of economists.

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The US bourse is set to open higher as European leaders get ready to meet.

The unemployment rate is expected to remain at 6.3 percent.

* Data on international trade, claims for unemployment insurance as well as two sets of numbers on the US services sector are also due later on Thursday.

* The closing bell will ring at 1 p.m. (19:00 SA time) and equity markets will be closed Friday for the Independence Day holiday.

* S&P 500 e-mini futures were up 2 points and fair value - a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract - indicated a slightly higher open.

Dow Jones industrial average e-mini futures rose 15 points and Nasdaq 100 e-mini futures added 5 points.

* Volkswagen denied planning a bid for US truck maker Paccar after analysts published comments in a research note from a senior executive of German rival Daimler saying he had heard of such a plan.

Paccar shares were inactive in early trading.

* Lululemon shares rose 4.5 percent in light premarket trading as founder Dennis Wilson's advisers have been talking to private equity firms about a possible buyout, the Wall Street Journal reported, citing people familiar with the matter.

* Regado Biosciences shares fell 38.6 percent after the Data Safety Monitoring Board started an unplanned review of data from a trial and the company said patient enrollment has been paused until the DSMB returns with recommendations. - Reuters

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