Stock Futures Fall Ahead of Jobless Claims Data

The Wall Street Journal2021-09-09

The S&P and the Dow Jones Industrial Average are poised for a fourth consecutive day of declines. U.S. stock futures fell Thursday ahead of fresh data on jobless claims and an update to the European ...

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Contracts for the Nasdaq-100 edged down 0.2%, suggesting that large technology stocks may also decline at the opening bell.\nInvestors’ optimism has waned this week following a jobs report that showed asharp slowdown in the pace of hiringin the U.S., and signs that thepace of economic recovery weakenedover the summer due to the Delta variant of Covid-19. Questions around when the Federal Reserve and the ECB willbegin to pare back their stimulus programsis also weighing on sentiment, money managers say.\n“We’re slightly more cautious,” said Charles Hepworth, an investment director at GAM Investments. “It does feel that people are getting a bit freaked out by valuations. The Delta variant transmission is a threat for global growth. 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