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Oleksandr Pylypenko

Stock Index Futures Rise After Weekly Job Numbers are Released

United States Capri Holdings Datadog EXPE Expedia GILD NRG Paramount Global The Trade Desk

September S&P 500 E-Mini futures (ESU24) are up +0.88%, and September Nasdaq 100 E-Mini futures (NQU24) are up +1.19% this morning after the U.S. weekly jobless claims data was released.

The number of new unemployment claims dropped last week, providing a temporary reprieve from concerns about a weakening job market. Initial jobless benefits fell to 233,000, lower than anticipated and down from the previous week’s revised total. This data was released by the Labor Department on Thursday.

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