A key jobless claims report could join a hiring slowdown, corporate earnings, and growth worries weighing on investors during an August to forget.

Wall Street is bracing for another eventful day as a key report on jobless claims looms.Ava Pellor for The New York TimesThe summer slowdown intensifies

Even by August’s typically volatile standards, markets have been especially choppy this month, with some of the biggest intraday stock swings of the year occurring over the past week.

Thursday is shaping up to be another white-knuckle session, with the publication of key labor data potentially feeding into investors’ fears of an economic hard landing.

Here’s the latest:

S&P 500 futures were up 0.1 percent after Wednesday’s late-afternoon market swoon put all of the major indexes in the red. Just in: Eli Lilly reported a blowout second-quarter profit on the strength of its diabetes drug

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

Leave a Reply