Futures move up following jobless claims data
2016-10-27 08:50:29
Stock futures have improved following the release of a couple of economic data points. The weekly jobless claims showed 258,000 initial claims last week, versus the expected 256,000. Durable goods for September were down 0.1% overall, versus expectations of breakeven. When transportation items are removed, the core reading was up 0.2%, matching expectations. In pre-market trading following the early data, Dow futures are 53 points above fair value, Nasdaq futures are 22 points above fair value and S&P futures are 8 points above fair value.