Futures remain lower following jobless claims data
2016-08-25 08:57:03
Stock futures remain lower following the release of several economic data points. Initial jobless claims came in at 261,000 last week, versus expectations for 265,000 first-time claims. Durable goods orders for July grew 4.4%, versus expectations for a rise of 3.4%. The core reading, which removes transportation items, was up 1.5%, versus the expected rise of 0.4%. In late pre-market trading, Dow futures are 20 points below fair value, Nasdaq futures are 6 points below fair value and S&P futures are 3 points below fair value.