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U.S. stock futures point lower as tech rebound fights for altitude early Thursday ahead of data on jobless claims

September 10, 2020

Futures pointed to a lower start for U.S. stocks Thursday, but declines were limited, as investors digested a policy update from the European Central Bank and weighed its implications for U.S. assets.

Technology shares rebounded on Wednesday after the Nasdaq fell into correction on Tuesday, retreating from record highs seen last week.

What are major benchmarks doing?

Futures on the Dow Jones Industrial Average YM00, -0.14% were down 110 points, or 0.4%, at 27,862, while S&P 500 futures ES00, 0.04% fell 9.80 points, or 0.3%, to 3,390.50. Nasdaq-100 futures NQ00, 0.62% reversed a decline to turn positive, rising 16 points, or 0.2%, to 11,408.75.

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