Off The Wire
Stock futures pare gains as U.S. weekly jobless claims top 6 million
(Reuters) - U.S. stocks index futures gave up early gains on Thursday after the number of Americans filing claims for unemployment benefits topped a whopping 6 million as more jurisdictions enforced stay-at-home measures to curb the coronavirus.
At 8:40 a.m. ET, Dow e-minis 1YMcv1 were up 129 points, or 0.62%. S&P 500 e-minis EScv1 were up 16.5 points, or 0.67% and Nasdaq 100 e-minis NQcv1 were up 42 points, or 0.56%.
Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Arun Koyyur