U.S. stock futures ahead of jobs report

U.S. stock futures ahead of jobs report

U.S. stock futures were forecasting higher open Thursday ahead of the latest jobs data.

Dow Jones Industrial Averages increased 46 points, or 0.13%, while S&P 500 futures and Nasdaq 100 futures both gained 0.2%.

Weekly claims will be released at 8: 30 a.m. ET with economists expecting 385,000 first-time filings last week, down from 400,000 on the week preceding.

In stocks, Robinhood Markets Inc. was sharply lower and said in a filing that existing stockholders will sell up to 97.9 million shares over time. Shares of the trading app platform had soared over two sessions 87% earlier.

In earnings, Uber Inc. s quarterly loss widened as the ride-hailing giant boosted incentives to lure drivers back to work. The company said quarterly gross bookings hit an all-time high and food delivery orders also increased.

Moderna Inc. reported earnings and revenue that exceed Wall Street estimates and said its COVID - 19 vaccine was 93% effective over the six months after the administration of a second dose.

Electronic Arts Inc. has said product launches and its live services fueled its stronger than forecast quarterly results. The game maker raised its full-year outlook and announced that its new Battlefield 2042 game would be released before the holidays.

West Texas Intermediate crude oil ticked up 3 cents to $68.88 a barrel, and gold advanced $1.20 to $1,815. 60

The FTSE 100 of the UK was trading lower by 0.16% after the Bank of England has kept policy unchanged and warned that the economy will face above-target inflation in the near term. The CAC 40 was little changed in Europe, and the DAX 30 of Germany was jumped 0.34%.

In Asia, Japan's Nikkei 225 gained 0.52% while Hong Kong's Hang Seng index and China's Shanghai Composite rose by 0.31% and 0.84%, respectively.