Futures dip ahead of weekly jobless claims data

Published by
Reuters

By Medha Singh (Reuters) – U.S. stock index futures ticked lower on Thursday as investors turned to weekly unemployment claims data amid fears that signs of an improving economy would lead the Federal Reserve to start tapering its accommodative monetary policy. Worries about rising inflation and a potential tightening of policy have weighed on Wall Street’s main indexes in May, with the benchmark S&P 500 on course for its smallest monthly gain in four. Those concerns, however, eased this week as a number of Fed officials said the central bank would maintain its dovish stance, even as they ackn…

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