S&P, Dow futures dip ahead of jobless claims report

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 16%
  • Publisher: 66%

REUTERS: Futures tracking the S&P 500 and Dow indexes edged lower on Thursday ahead of the closely watched weekly jobless claims report, with ...

Singapore Headlines News

Singapore Latest News, Singapore Headlines

REUTERS: Futures tracking the S&P 500 and Dow indexes edged lower on Thursday ahead of the closely watched weekly jobless claims report, with investors weighing the risk of another business shutdown amid soaring U.S. COVID-19 cases.

The Labor Department's most timely data on the economy is expected to show 1.38 million Americans filed for state unemployment benefits in the latest week, down from 1.43 million claims in the prior week. The report is expected at 8:30 a.m. ET. While the recent surge has forced some states to roll back their reopening plans, market experts expect only a delay in U.S. economic recovery, with many seeing growth returning in 2021.The three main indexes charged ahead in the final hour of trading on Wednesday, with Nasdaq logging its fourth record closing high this month powered by technology stocks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street headed lower after five-day run on fears over virus surgeU.S. stock index futures slipped on Tuesday following the benchmark S&P 500 and Nasdaq's five-day rally, as investors weighed the risks to the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

'Trapped' illegal workers in Saudi look to COVID-19 for escapeRIYADH: Jobless and broke, Sudanese electrician Hatem is stranded in limbo in Riyadh like countless other illegal workers, but he hopes the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Mercury dips to 22.9 deg C in Singapore on Cooling-off DaySINGAPORE - Most of Singapore woke up to sweater weather on Thursday (July 9) morning, as temperatures here plunge to a cool low in weeks.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Wall Street eases after strong rally as virus cases surgeThe S&P 500 eased on Tuesday, a day after the benchmark index logged its longest streak of gains this year as investors weighed the risk of a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Wall Street drops after strong rally as COVID-19 cases mountThe S&P 500 eased on Tuesday, a day after the benchmark index logged its longest streak of gains this year as investors weighed the risk of a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Johnny Depp, Amber Heard come face-to-face in U.K. court for explosive showdownWhile Heard claims she ended the marriage after another violent incident, Depp said he decided to divorce Heard after she “or possibly one of her friends” defecated in their marital bed. justiceforjohnydepp
Source: YahooSG - 🏆 3. / 71 Read more »