Dow Futures Boosted by Economic Data Amid Jobless Claims Rise
Thursday, 12 September 2024, 05:51
Market Reaction to Economic Data
Investors received another batch of economic data on Thursday, including the latest weekly reading on jobless claims along with the PPI report for August. The data came in largely in-line with economists' expectations, although the Nasdaq-100 futures have shifted into the red in the aftermath. Futures for the Dow and S&P 500 saw earlier gains ease slightly after the reports.
Current Futures Standings
- Dow futures were up 41 points, or 0.1%, at 40,943.
- S&P 500 futures were up 4 points, or 0.1%, at 5,581.
- Nasdaq-100 futures were down 17 points, or 0.1%, at 19,254.
For further insights on the market trends and economic indicators, consider reviewing detailed reports from financial analysts.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.