Stocks are flat as market struggles to rebound from back-to-back losses

cnbc2021-03-04

(March 4) U.S. stock index futures were trading near the flatline early Thursday, as a better-than-expected reading on weekly jobless claims supported sentiment on Wall Street.Futures contracts tied ...

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精彩评论

Missunnymay
2021-03-05
Missunnymay
Need a rebound soon
- Ak91:
  Yea man
Brandykopio
2021-03-05
Brandykopio
Hmm
rachhy
2021-03-05
rachhy
Oh man
PJoo
2021-03-05
PJoo
We are in the longest losing streak since Sep - hang in there, downside is healthy correction.
- rachhy:
  agreed
MattWong
2021-03-05
MattWong
Hmm
geraldwwx
2021-03-05
geraldwwx
HODL

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S&P 500 futures and Nasdaq 100 futures were flat.First-time filings for unemployment insurance in the week ended Feb. 27 totaled 745,000, a touch below the Dow Jones estimate of 750,000,the Labor Department reported Thursday.Investors also awaited a speech from Federal Reserve Chair Jerome Powell, who is set to join The Wall Street Journal Jobs Summit to talk about the economy later Thursday.Treasury yields, which have been keeping investors on edge in recent weeks, edged up once again. The benchmark10-year Treasury yieldtraded slightly higher at 1.47%. Last week, the rate soared to a high of 1.6% in a sudden move that sparked a big sell-off in stocks.Stocks posted heavy losses during Wednesday’s regular trading as rising bond yields spooked investors. The S&P 500 dipped 1.3%, while the Dow Jones Industrial Average closed 119 points, or 0.38%, lower. The Nasdaq Composite was the relative underperformer, falling 2.7% as tech names declined. 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