US stock indices opened higher Thursday, after a strong jobs report and President Donald Trump's remarks.

The US Department of Labor revealed today that the economy has added 4.8 million new jobs in June, beating forecasts of 3 million jobs.

The unemployment rate fell to 11.1% in June, vs. 13.3% in May.

While the unemployment claims reached 1.420 million during the past week vs. forecasts of 1.350 million.

President Donald Trump said following the report "Great Jobs Numbers," adding that it reflects a strong return by the world's largest economy.

As for stocks, Dow Jones rose 1.7% or 430 points to 26,166 as of 14:09 GMT, Nasdaq climbed 1.4% or 150 points to 10,301, and S&P 500 added 1.5% or 45 points to 3,161.

Copper futures continued to rise for the sixth straight day, due to Chile's supply disruption, the world's largest copper producer and further signs on the US economic recovery.

Copper is also near its seventh straight weekly gain, in the longest wining streak in 3 years.

The Mining company, BHP Group, announced cutting copper production at the Cerro Colorado mine in Chile.

The output from this mine alone in 2019 reached about 71.7K tonnes of copper, which is around 1.2% of Chile's total copper output.

This came after the Chilean government stated that it will lockdown a copper refinery after a spread of the coronavirus in it.

Copper September futures rose 0.3% to $2.74 per pound as of 13:32 GMT, after hitting a session-high of $2.76 and a low of $2.73.

US dollar fell in European trade against a basket of major rivals for the fourth session to week lows, ahead of crucial labor data. 

The dollar index fell 0.35% to 96.81, the lowest since June 24, after closing down 0.25% yesterday, the third loss in a row. 

Strong industrial and services data around the world, especially China and Europe, in addition to optimism about a new vaccine candidate for Covid 19 with promising results, all hurt the haven appeal of the greenback. 

From the US, non-farm payrolls are expected up 3.037 million in June, while average earnings are expected down 0.8%, as the unemployment is expected down to 12.4% from 13.3%. 

Unemployment claims for the week ending June 26 are expected down 130K to 1.35 million, while continuing claims for the week ending June 20 are expected down 522K to 19 million. 

US goods trade deficit is expected up to $53 billion from $49.4 billion, while factory orders are expected up 8.6%. 

The Federal Reserve released the minutes of its June 9-10 meeting, at which policymakers voted to maintain rates at near zero. 

The Fed expects rates to be maintained at zero until 2022 and for the US economy to contract by 6.5% in 2020 and for unemployment to reach 9.3% by the end of 2020.

Asian stock indices opened the second session of July higher amid hopes for a possible new vaccine candidate by Pfizer which showed promising results, however the results aren't peer-reviewed yet. 

Earlier Australian data showed trade surplus up to 8.03 billion Australian dollars from 7.83 billion in April. 

Japan's TOPEX rose 0.6%, while Nikkei 225 advanced 0.36% to 22,201. 

China's CSI 300 rallied 1.17% to 4,297, while Shanghai gained 1.16% to 3,061. 

Hong Kong's Hang Seng rose 1.32%, while South Korea's KOSPI added 0.83% to 2,124. 

New Zealand's rose 0.89%, while Australia's S&P/ASX 200 rallied 1.34% to 6,014.