Stock futures flat after Dow's 445-point slide, investors await jobless claims data
Central to Thursday's session will be the Labor Department's report on last week's initial jobless claims, which economists polled by Dow Jones expect to total 5 million.
Traders cited a plunge in March retail sales as a principal weight on equities on Wednesday. The worse-than-expected data showed retail sales during theManufacturing in the New York area alsoto a historic low, surpassing the levels seen in the throes of the Great Recession. JPMorgan's Marko Kolanovic said Wednesday evening that such improvements in health-care data could encourage state governments to take "baby steps" to reopen certain economies as soon as next week.
Better health-care figures mean "we think it's gonna be possible to reopen it sooner. We think within a week from now, you will start seeing some limited moves," he told CNBC's "Fast Money."
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