Future stock trading is mixed before the unemployment claims report

Future stock trading is mixed before the unemployment claims report

Future US stock contracts traded mixed, likely to stop sales from the previous session.

Dow futures suggest a 0.1% increase when Thursday’s trading session on Wall Street begins.

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Some potential animations in the market financial reports is at the tap.

The Ministry of Labor is expected to say the number of claims for unemployment benefits decreased to 840,000 last week, decreased by 20,000 from the previous week’s number of 860,000 and the lowest reading since March 14, just before coronavirus Locks.

The Census Bureau is expected to say new home sales fell 0.1% in August from July to a seasonally adjusted annual rate of 895,000. This is just below the much stronger-than-expected 901,000 reading in July, the highest since December 2006.

Market players feel less optimistic about action by the US Federal Reserve and Congress to help the US economy amid the turmoil of the presidential election and the battle for the Supreme Court seat left vacant after the death of Ruth Bader. Ginsburg.

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In Asia, Japan Nikkei 225 fell 1.1%, Hong Kong Hang Seng fell 1.8% and China Shanghai Composite fell 1.7%.

In Europe, the FTSE in London fell 0.7%, the DAX in Germany was 0.4% and the CAC in France fell 0.6%.

Wall Street fell more on Wednesday as shares closed lower generally, eliminating gains from the previous day. The S&P 500 fell 2.4% to 3,236.92, deleting a previous gain. Extensive sales accelerated in the afternoon, although technology stocks accounted for the largest losses.

HeartSecuritylastChangeChange%
Me: DJIDOW JONES MEDIA26763.13-525.05-1.92%
SP500S&P 5003236.92-78.65-2.37%
Me: COMPNASDAQ COMPOSITION INDEX10632.985307-330.65-3.02%

The Dow Jones industrial average lost 1.9% to 26,763.13. The Nasdaq Composite fell 3% to 10,632.99

Johnson & Johnson rose 0.2% as it stands started a huge final study try to prove if a single dose COVID-19 vaccine can protect against the virus.

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In energy trading, the US crude oil index fell 12 cents to $ 39.80 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, lost 8 cents at $ 41.70 a barrel.

The Associated Press contributed to this story.

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