Another report showed the number of Americans filing
applications for unemployment benefits fell last week, but the
four-week moving average rose to a more than one-year high,
suggesting the labor market was slowing down.
At 8:30 a.m. ET, Dow e-minis were down 61 points, or 0.23
percent. S&P 500 e-minis were down 7.5 points, or 0.27 percent
and Nasdaq 100 e-minis were down 18.25 points, or 0.26 percent.
Moments before the reports, Dow e-minis were down 33 points, or
0.13 percent. S&P 500 e-minis were down 4.25 points, or 0.15
percent and Nasdaq 100 e-minis were down 7 points, or 0.1
percent.
(Reporting by Shreyashi Sanyal in Bengaluru)
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