Stock Market Today: Dow, S&P 500 Futures Gain As Jobless Claims Edge Up To 212K; Nasdaq Drops — Nvidia, Salesforce, Trade Desk 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 were swinging between gains and losses on Thursday after advancing on Wednesday. Futures of the major benchmark indices were mixed.
Weekly jobless claims rose by 4,000 to a seasonally adjusted 212,000 for the week ending Feb. 21, slightly exceeding the previous week's upwardly revised level.
Despite this modest uptick, the four-week moving average—a less volatile measure of labor market health—climbed only slightly to 220,250, suggesting that the U.S. labor market remains relatively resilient even as investors weigh cooling economic signals.
Meanwhile, the 10-year Treasury bond yielded 4.05%, and the two-year bond was at 3.47%. The CME G
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