US job growth could slow to this level in June, here are Friday's top macro issues

The Nasdaq 100 was up more than 250 points on Thursday, with shares of Tesla, Inc. TSLA gaining 5.5% in the previous session.

Below is an overview of the major economic reports scheduled for release today.

The U.S. jobs report for June is scheduled for release at 8:30 a.m. ET. Analysts expect nonfarm payrolls to rise by 270,000 in June, compared with better-than-expected growth of 390,000 in May. The average hourly wage is expected to rise 0.3% on the month, compared to gains of 0.3% in May and April. However, the unemployment rate should remain unchanged at 3.6% in June. New York Fed President John Williams is scheduled to speak at 8:30 a.m. ET. Wholesale inventory data for May will be released at 10 a.m. ET. The second wholesale inventory estimate for May is an increase of 2%, unchanged from the first estimate. New York Fed President John Williams will speak at 11:00 a.m. ET. Baker Hughes' North American Platform Count report for the past week is scheduled for release at 1:00 p.m. AND. May consumer credit data will be released at 3:00 p.m. AND. Analysts expect consumer credit to rise $31.9 billion in May, compared to stronger-than-expected growth of $38.0 billion the previous month.

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