Stock Market Today: S&P 500, Dow Futures Fall Amid Narrowing Trade Deficit, Jobless Claims Dip— Bumble, Morgan Stanley, Adobe In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, the economic data, and the headline were updated in the story.
U.S. stock futures fell on Thursday following Wednesday’s mixed close. Futures of the major benchmark indices were lower.
Initial jobless claims for the week ending March 7 fell slightly to 213,000, signaling continued labor market resilience.
Meanwhile, the January trade deficit narrowed sharply to $54.5 billion—a 25.3% decrease from December—driven by a 5.5% surge in exports to $302.1 billion.
In the housing sector, January data showed a rebound in housing starts to a seasonally adjusted annual rate of 1,487,000, a 7.2% monthly increase, while building permits fell 5.4% to a rate of 1,376,000.
On Wednesday, in Hebron, Kentucky, President Donald Trump asser