S&P 500 Movers for Thursday (12/09)
Stock futures opened little changed on Thursday after investors pulled back from the market rebound earlier in the week and turned their focus to inflation data due out Friday.
The moves came after the major averages ended the regular trading session lower, each snapping a three-day win streak. The $Dow Jones Industrial Average(.DJI.US$, moved less than a point lower, finishing at the flatline. The $S&P 500 Index(.SPX.US$ fell 0.7% and the tech-heavy $Nasdaq Composite Index(.IXIC.US$ lost 1.7%. Nevertheless, all are on track to finish the week higher.
Jobless claims data released on Thursday showed the labor market recovery remains strong. The Labor Department reported initial claims for unemployment insurance , below the 211,000 estimated by economists surveyed by Dow Jones and the lowest reading since 1969.
The moves came after the major averages ended the regular trading session lower, each snapping a three-day win streak. The $Dow Jones Industrial Average(.DJI.US$, moved less than a point lower, finishing at the flatline. The $S&P 500 Index(.SPX.US$ fell 0.7% and the tech-heavy $Nasdaq Composite Index(.IXIC.US$ lost 1.7%. Nevertheless, all are on track to finish the week higher.
Jobless claims data released on Thursday showed the labor market recovery remains strong. The Labor Department reported initial claims for unemployment insurance , below the 211,000 estimated by economists surveyed by Dow Jones and the lowest reading since 1969.
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