U.S. Stocks Poised to Hold Near Records Ahead of String of Economic Reports

U.S. stock-index benchmarks looked set for a skittish start on Thursday as investors fought to shake off disputes between China and the U.S. to focus on mostly strong corporate earnings and a healthy economic backdrop.

A series of employment reports on the labor market, U.S. inventories and inflation set for later in the morning may provide more insight about the state of the economy as the S&P 500 and the Nasdaq remain within a hair’s breadth of fresh all-time highs.

Futures for the Dow Jones Industrial Average were trading virtually unchanged at 25,540, those for the S&P 500 index also were near the flatline around 2,857, while futures for the Nasdaq-100 were up less than 0.1% at 7,478.75.

On Wednesday, the S&P 500 index broke a four-day win streak by closing fractionally lower at 2,857.70, holding less than 0.5% from its all-time high hit on Jan. 26.

Source : Market Watch

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Tokyo Stocks Open Lower on Yen Ahead of US-Japan Talks

Tokyo stocks opened lower on Thursday, dragged down by a higher yen and caution ahead of Japan-US trade talks.

The benchmark Nikkei 225 index dropped 0.26 per cent or 58.27 points to 22,586.04 in early trade while the broader Topix index was down 0.30 per cent or 5.30 points at 1,739.41.

Source : AFP

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