US Stock Futures Maintain Stability Post Labor Data
US stock index futures remained stable during evening trading on Thursday, following a positive turnaround on Wall Street. This was largely driven by new data indicating a significant drop in jobless claims, which eased some recession concerns. Wall Street indexes saw a strong rebound on Thursday, recovering some of the week's earlier losses thanks to positive earnings reports and ongoing speculation about future interest rate cuts. However, US stock benchmarks are still projected to end the week with a substantial decline, following the severe downturn experienced on Monday.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!