U.S. Stock Futures Signal Pause in Week’s Sharp Rally

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The sharp rally in U.S. stocks appears set to pause, with futures drifting as tensions with China mount and investors await jobless claims data

The sharp rally in U.S. stocks this week appeared set to pause Thursday, with futures drifting as tensions with China mounted and investors awaited weekly jobless claims data.

Futures tied to the S&P 500 flitted between gains and losses, suggesting the benchmark will open roughly flat. Contracts linked to the Dow Jones Industrial Average edged up 0.6%. The blue-chips gauge closed above 25000 for the first time since early March on Wednesday, and posted its largest two-day advance in over a month.

 

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Netflix 😂

Investors have ignored jobless claims for weeks. Let’s not pretend they are all of the sudden going to be spooked by another million after ignoring the first 40.

Вы верите в это?

Thank you so much

Because bad jobless numbers have made the market go up? Don’t think those number mean squat. CB/govt intervention is the sole driver at the moment.

Exciting news over 100,000 deaths in the USA from Coronavirus, keep up the good(great) work Donald Trump.

Well, coffee break 😂

Shifting expansions...

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