Dow futures fall more than 200 points after weaker-than-expected jobs data.
U.S. stock futures fell on Thursday with investors assessed earnings results and the latest economic data.
Dow Jones Industrial Average futures traded 220 points lower, pointing to a 200-point loss at the open. S&P 500 futures dipped 0.8% and Nasdaq-100 futures were off by 1.5%.. However, the stock fell more than 2% as the company set aside $4 billion for coronavirus-related losses. Dow member Johnson & Johnson traded 0.8% lower despite posting better-than-expected results.
Morgan Stanley shares rose 0.9% after the company's quarterly earnings easily beat analyst expectationsOn the data front, the weekly jobless claims number came in slightly worst than expected. The Labor Department said filed for unemployment benefits last week, compared to Dow Jones estimates of 1.25 million first-time filers.
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