US pre-open: Futures little changed after Dow snaps four-day win streak.


Wall Street futures were little changed ahead of the bell on Thursday after the blue-chip Dow Jones snapped its four-day win streak.

New York Stock Exchange

Source: Sharecast

As of 1200 BST, Dow Jones futures were up 0.03%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.01% and 0.02% weaker, respectively.

The Dow closed 91.90 points lower on Wednesday as investors digested a flurry of disappointing economic data and battled with concerns about the fiscal outlook amid ongoing trade uncertainty.

News that private sector payrolls had risen by just 37,000 in May, sharply below estimates of 110,000 increase, weighed on sentiment throughout Wednesday's session and reignited investor fears regarding America's softening job market and the impact of Donald Trump's ongoing trade war on the US economy.

Also drawing an amount of investor attention on Thursday was news that Elon Musk had stepped up his attacks against Donald Trump's proposed "big, beautiful" tax-cut bill, stating it would push America into "debt slavery" as he urged Congress to "KILL the BILL".

On the macro front, weekly jobless claims numbers from the Labor Department will be out at 1330 BST, as will April goods and services trade balance data and Q1 nonfarm productivity figures.

In the corporate space, discount retailer Five Below traded higher in pre-market hours after posting strong Q1 numbers and issuing solid Q2 guidance.

Reporting by Iain Gilbert at Sharecast.com

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