Stock index futures advanced on Thursday, as traders braced for another batch of labor data. S&P 500 futures ( SPX) +0.2%, Nasdaq 100 futures ( US100:IND) +0.4%, and Dow futures ( INDU) +0.3%. The 10-year Treasury yield ( US10Y) rose 1 basis point to 4.37%. The 2-year yield ( US2Y) rose 1 basis point to 3.90%.

U.S. stock futures were slightly higher on Wednesday after advancing for two consecutive days. Futures of major benchmark indices rose in premarket trading. On Tuesday evening, President Donald Trump signed an order increasing tariffs on steel and aluminum imports from 25% to 50%,