U.S. stock futures wavered ahead of a series of earnings reports and fresh data on the labor market that is expected to provide insight into the pace of the recovery
U.S. stock futures rose slightly ahead of a series of earnings reports and fresh data on the labor market that is expected to provide insight into the pace of the recovery.notched a record WednesdayA clutch of technology companies are scheduled to report earnings Thursday. Palantir Technologies is slated to post results ahead of the opening bell. Airbnb and DoorDash are expected to report after markets close, as well as Walt Disney .
“Earnings season is going really well, it validates the recovery scenario,” said Luc Filip, head of private banking investments at SYZ Private Banking. “The recovery will enter this growth phase and how big this growth will be is the key question for us.” In premarket trading, South Korean e-commerce company Coupang dropped 8% after posting quarterly results that included a nearly $300 million hit from a fire at a fulfillment center. If sustained, the drop would take shares of the SoftBank Group -backed company below their
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