US stock index futures took a dive on Thursday as investors grappled for high levels of weekly unemployment claims during talks in Washington over a stimulus deal dragged out.
The number of Americans filing for state jobless benefits last week is estimated to drop slightly but remain strongly above 800,000 as support from fiscal stimulus faded. The Labor Department’s data is planned for release at 8:30 am ET (!@#)GTM).
President Donald Trump on Wednesday pointed at democrats for being unwilling to craft an acceptable compromise for a coronavirus aid bill, despite reports of some progress earlier in the day.
It was unclear whether negotiations would keep going or go dormant until after the November 3 presidential and congressional elections.