Here’s what we’re looking for before the opening bell on Thursday.
–US futures rise while investors watched Wednesday night’s storm of Congress through a pro-Trump mob that disrupted Senate confirmation of Joe Biden’s victory in the election. The futures contract linked to the Dow Jones industrial average rose 0.3%, indicating that the blue-chip stock index will rise, raising it to a record closing Wednesday. S&P 500 futures also rose 0.5%.
Futures on the Nasdaq-100 index rose 0.8%, suggesting that giant technology stocks could recover from their losses. Tech stocks were hit on Wednesday as investors pushed for other stocks that are more dependent on economic growth.
What’s up
—Weekly weekly jobs were lower than expected, adding 787,000 for the week of January 2, compared to expectations of 815,000. Trading data shows a larger deficit than expected for November, at $ 68.1 billion, compared to a deficit of $ 63.1 billion the previous month.
Market shifters to look at
Bed Bath & Beyond shares fell more than 14% in trading after the market, after both sales and profits weakened in the third quarter than expected. The company blamed Covid-19, which means fewer stores in its stores and shipping problems.