US News

Futures fall as Fed hints at ‘taper talk’; jobless claims data eyed

Published by

By Medha Singh (Reuters) – U.S. stock index futures fell for the fourth session on Thursday following signs the Federal Reserve policymakers discussed tapering of bond purchases last month, while investors looked to weekly jobless claims numbers. Leading losses among the 30 blue-chip Dow components was Cisco Systems Inc, down 6% premarket, after the network gear maker cautioned that supply chain issues will linger through the end of 2021 and forecast its current-quarter profit below estimates. Economic data before the opening bell is likely to show the number of Americans filing for unemployme…

Read More

Facebook Comments

Check Also

Asian shares fall as Delta variant casts shadow over growth

Published by Reuters By Alun John HONG KONG ...