Dow Futures Slip After Jobless Claims; Trump’s $1.5 Trillion Pentagon Talk Lifts Defense Stocks
U.S. stock index futures slipped on Thursday, cooling after the S&P 500 and Dow briefly touched fresh highs a day earlier, while defense shares jumped on new budget talk from President Donald Trump. Futures contracts, which track expected moves in the cash indexes, showed the Dow, Nasdaq 100 and S&P 500 down about 0.4%, 0.3% and 0.2% in premarket trading. Alphabet was up nearly 1% after overtaking Apple for No. 2 in market capitalization — the market value of its shares — with Apple down more than 1%. Investopedia