U.S. stock futures fell on Thursday as investors braced for data likely to show persistently high levels of weekly jobless claims, adding to concerns about an economic rebound a day after the Federal Reserve issued an underwhelming stimulus plan.
The Labor Department's weekly report, due at 8:30 a.m. ET, is expected to show about 850,000 Americans filed for unemployment benefits in the week ended Sept. 12, a touch lower than 884,000 in the previous week, but still suggesting the labor market's recovery from the COVID-19 pandemic was stalling.
At 6:37 a.m. ET, Dow e-minis were down 239 points, or 0.85per cent, S&P 500 e-minis were down 34.25 points, or 1.01per cent, and Nasdaq 100 e-minis were down 111.5 points, or 0.99per cent.