U.S. equity futures turned negative early Thursday as investors awaited retail sales and jobless claims data. Futures tied to the Dow Jones Industrial Average dipped 0.08%, while S&P 500 futures were down 0.04%:
U.S. tech stocks were set to open in negative territory, as semiconductor stocks in Europe and Asia continued their retreat:
Investors will be looking to retail sales and jobless claims data for further signs of whether the economy is slowing enough to keep inflation under control:
A softer-than-expected U.S. producer price index added to optimism that inflation is cooling:
Corporate earnings also remain a key driver, with UnitedHealth scheduled to report its results before the bell:
