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5 Things You Must Know Before the Market Opens Thursday

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Here are five things you must know for Thursday, July 6:

1. -- U.S. stock futures were lower on Thursday, July 6, as tensions over North Korea escalated ahead of a meeting of world leaders in Germany.

The chance for diplomacy to deal with North Korea's recent actions are "quickly closing," U.S. ambassador Nikki Haley told a U.N. Security Council on Wednesday, July 5.

"One of our capabilities lies with our considerable military forces," she continued. "We will use them if we must, but we prefer not to have to go in that direction."

North Korea said Wednesday that its intercontinental ballistic missile, fired into Japan's Exclusive Economic Zone early Tuesday, July 4, is able to carry a large nuclear warhead. The U.S. Defense Department believes the missile could reach as far as Alaska and possibly other parts of the North American mainland.

The missile firing comes days before of a meeting of G20 leaders where a discussion of the proliferation of weapons in Pyongyang will be on the agenda. World leaders will attend the G20 summit in Hamburg, Germany on Friday, July 7.

President Donald Trump and Russian President Vladimir Putin will meet on the sidelines of the summit to discuss, among other things, sanctions against Russia and the country's involvement in the fight against ISIS. Meeting outcomes will be closely dissected as the Trump White House continues to battle allegations of collusion with the foreign government during the 2016 election.

Trump will also have to justify his June decision to back out of the Paris Agreement, a worldwide voluntary commitment to fighting climate change.

2. -- The ADP Employment report for June will be released on...