Here’s what we’re watching ahead of Thursday’s opening bell.
—Stock futures advanced, indicating that shares of giant technology companies would push higher at the opening bell as investors awaited a fresh reading on the labor market.
Futures linked to the S&P 500 rose 0.7%. Contracts tied to the Nasdaq-100 rose 1.9%, suggesting technology stocks will rebound following muted declines for the sector on Wednesday. Futures for Dow Jones Industrial Average ticked up 0.4%, a day after the blue-chips index closed at a record high. Read our full market wrap.
What’s Coming Up
—Earnings are due from
after the close.
—Data on the number of people filing for unemployment benefits, a proxy for joblessness, are due out at 8.30 a.m. Economists surveyed by The Wall Street Journal expect that 725,000 workers filed for initial benefits last week.