U.S. Stock Futures Edge Lower Ahead of Economic Data

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U.S. Stock Futures Edge Lower Ahead of Economic Data
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U.S. stock futures drift lower ahead of new weekly jobless claims data, which are likely to remain in the millions

U.S. stock futures drifted lower Thursday ahead of economic data that will offer insights into how the labor market and manufacturing sector are coping with the coronavirus pandemic.

Futures linked to the S&P 500 edged down 0.5%, suggesting U.S. stocks could retreat after the opening bell in New York. European stocks also declined, with the pan-continental Stoxx Europe 600 dropping 0.7%, led by losses in France and Germany.

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