Futures signaled a lower open for the Dow and the S&P 500 on Thursday following signs the Federal Reserve policymakers discussed tapering of bond purchases last month, while jobless claims data showed an improving labor market.
The number of Americans filing for new claims for unemployment benefits fell to 444,000 in the week ended May 15, down for the third straight time to its lowest since a pandemic-led recession.
However, many analysts viewed the statement as old news as economic data since then has showed an unexpected slowdown in the labor market, fanning inflation worries.
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