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Benzinga
Benzinga
Business
Lisa Levin

US Stock Futures Drop Ahead Of GDP, Jobless Claims Data; Micron, Nike Earnings In Focus

Pre-open movers

U.S. stock futures traded lower in early pre-market trade on Thursday after the Dow Jones jumped more than 500 points in the previous session. The Bank of England stepped in to take action to stabilize spiking U.K. gilt yields. The Dow and the S&P 500 snapped a six-session losing streak, but the 30-stock index is still 19.7% down from its 52-week high, while the S&P 500 is down around 22.8% from its record high level.

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