Stock Futures Rise Ahead of Key Economic Data and Earnings Reports
TL;DR
Stock futures rose ahead of jobless claims and GDP data, with upbeat corporate updates and Federal Reserve hawkishness competing for investors' attention. Futures on the S&P 500 and Dow Jones Industrial Average were up about 0.3%, while Nasdaq Composite futures added around 0.4%. Strong numbers from Micron and successful US bank stress tests contributed to pre-market gains. Jobless claims ticked lower, signaling a tight labor market and potentially influencing the Fed's decision on interest rates.
Topics:businessfinance#corporate-earnings#federal-reserve#finance#gdp-data#jobless-claims#stock-futures
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