April 6 (Reuters) - Futures tracking the benchmark S&P
500 index extended declines on Thursday as
stronger-than-expected weekly jobless claims data deepened fears
of a recession due to a rapid rise in interest rates.
A Labor Department report showed initial claims for state
unemployment benefits stood at 228,000 last week. Economists
polled by Reuters had expected 200,000 jobless claims in the
latest week.
At 8:32 a.m. ET, Dow e-minis were down 5 points,
or 0.01%, S&P 500 e-minis were down 3.5 points, or
0.09%, and Nasdaq 100 e-minis were down 43.25 points, or
0.33%.
(Reporting by Amruta Khandekar; Editing by Arun Koyyur)
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