U.S. stock futures were higher ahead of Thursday’s session after the Dow’s three-day winning streak ended and investors waited for fresh economic data. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) Index were up 0.07%, 0.21%, and 0.22%, respectively, at 1:48 a.m. EDT on February 12.
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Forget margin or options. Here's how the pros trade QQQIn after-hours moves, Cisco Systems (CSCO) fell about 7% after weak quarterly guidance, while McDonald’s (MCD) slipped slightly despite beating earnings estimates.
The declines followed a soft session on Wall Street, with the Dow down about 66 points, or 0.1%, while the S&P 500 slipped roughly 0.1% and the Nasdaq fell about 0.2%.
Earlier, stocks had risen on a strong jobs report but later lost momentum. January payrolls increased by 130,000, and unemployment dipped to 4.3%, easing worries about the labor market.
On Thursday, traders will also look at weekly jobless claims and the existing home sales report for more economic signals.