(Updates with reaction to jobs data)

NEW YORK, July 3 (Reuters) - U.S. stock index futures rose to session highs on Thursday after the government reported a loss of 62,000 jobs on non-farm payrolls in June, a figure which came close to Wall Street's expectations.

S&P 500 futures SPc1 were 7.5 points higher, above fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.

Dow Jones industrial average futures DJc1 rose 49 points, and Nasdaq 100 NDc1 futures rose 5.5 points. (Reporting by Walker Simon; Editing by Kenneth Barry)