Futures inch lower ahead of unemployment, retail sales data

Published by
Reuters

By Ambar Warrick (Reuters) – U.S. stock index futures fell slightly on Thursday after a strong rally in the previous session, with investor focus shifting to upcoming data on jobless claims and retail sales for a better reading on the ongoing economic recovery. Wall Street indexes marked strong gains on Wednesday, with economically sensitive cyclical stocks benefiting the most from a rally in oil prices and data suggesting that factory activity growth remained steady in the country. Data also showed a dip in import prices, which coupled with a recent reading that showed consumer prices were sl…

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