U.S. stock futures are trading a little higher but paring its gains ahead of this morning’s Weekly Initial Claims Report. This report, the first U.S. jobs data since last Friday’s Non-Farm Payrolls Report, may provide more evidence about the strength of the recovery.

June Gold is trading higher overnight because of increased demand for higher yielding assets and the weaker U.S. Dollar. Bullish traders seemed to be unfazed by the optimistic developments over the Greece debt situation. Earlier in the week gold bugs were buying the metal on speculation of a possible default by Greece.