Advertisment
Futures contracts tied to the major U.S. stock indexes were slightly lower early Thursday, only hours after the NASDAQ Composite clinched its 25th record close for 2020.
Futures for Dow Jones Industrials shed 53 points, or 0.2%, early Thursday, to 25,916.
Futures for the S&P 500 were unchanged at 3,163.50.
Futures for the NASDAQ moved forward 50 points, or 0.5%, to 10,712.25. Big tech continued to carry the broader market higher on during regular trading and again allowed the NASDAQ to outpace the S&P 500 and the blue-chip Dow.
Since last week’s close, the S&P 500 is up 1.3%, the Dow has improved 0.9%, and the tech-heavy NASDAQ has climbed 2.8%. The NASDAQ is up 29.7% over the last three months.
The latest edition of the U.S. Labor Department report on weekly jobless claims will be released Thursday morning.
The weekly figures provide Wall Street with critical insight on how many Americans continue to collect unemployment benefits, known as continuing claims.
Last week, Washington said initial jobless claims rose by 1.427 million in the final week of June. That marked the 15th straight week in which initial claims remained above one million.
Overseas, in Tokyo, the Nikkei 225 gained 0.4% Thursday, while in Hong Kong, the Hang Seng index increased 0.3%.
Oil prices dropped nine cents to $40.81 U.S. a barrel.
Gold prices slid $6.40 to $1,814.20.
