Futures turn higher after Fed stimulus, jobless claims data


FILE PHOTO: A man crosses a nearly deserted Nassau Street in front of the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 3, 2020. REUTERS/Mike Segar

(Reuters) – U.S. stock index futures turned higher on Thursday after data showed jobless claims fell last week and the Federal Reserve rolled out a broad $2.3 trillion effort to bolster local governments and small and mid-sized businesses.

At 8:45 a.m. ET, Dow e-minis 1YMcv1 were up 99 points, or 0.43%. S&P 500 e-minis EScv1 were up 3.5 points, or 0.13% and Nasdaq 100 e-minis NQcv1 were up 4 points, or 0.05%.

Moments before the data, Dow e-minis 1YMcv1 were down 103 points, or 0.44%. S&P 500 e-minis EScv1 were down 20 points, or 0.73% and Nasdaq 100 e-minis NQcv1 were down 48.75 points, or 0.6%.

Reporting by Medha Singh in Bengaluru; Editing by Arun Koyyur

Products You May Like

Articles You May Like

Total solar eclipse plunges parts of Mexico into darkness
North America awed by total solar eclipse
MP targeted in Westminster honeytrap resigns party whip
Children seeking gender care let down by weak evidence, review says
Hamas leader says three sons killed in air strike

Leave a Reply

Your email address will not be published. Required fields are marked *