U.S. stock futures slumped further on Thursday and pointed to a turbulent session on Wall Street as investors grappled with mixed economic reports.
Import and export prices fell sharply in August due to falling oil prices and a rising dollar. Falling import prices are a significant factor in keeping U.S. inflation low at a time when the Federal Reserve wants to see prices increase.
Meanwhile, a drop in weekly jobless claims pointed to a labor market showing signs of continued strength.
