Stocks mixed ahead of weekly jobless claims report
NEW YORK (AP) — Stock futures are trading mixed ahead of a weekly report on first-time claims for unemployment benefits.
The Labor Department's weekly look at first-time claims is due later Thursday morning. Economists forecast that the number of people filing initial applications fell last week to 405,000. The figure rose the previous week.
Combined with other worrying economic news, last week's report helped send stocks plummeting.
In Thursday's premarket trading, Apple Inc. is down more than 2 percent, after co-founder and CEO Steve Jobs resigned late Wednesday.
Roughly two hours ahead of the opening bell, Dow Jones industrial average futures are up 36 points, or 0.3 percent, at 11,296. S&P 500 index futures are up 4 points, or 0.3 percent, at 1,175. Nasdaq 100 futures are down 3 points at 2,136.