Dow Jones Industrial Average futures edged lower on Thursday after the blue-chip index logged its steepest one-day drop since Nov. 18, with traders bracing for Friday’s U.S. jobs report. Defense names climbed after President Donald Trump called for a $1.5 trillion military budget for 2027; by 5:08 a.m. ET, Dow E-minis — futures tied to the index — were down 146 points, or 0.30%, while S&P 500 E-minis fell 0.22% and Nasdaq 100 E-minis dropped 0.31%, and RTX gained 4.9%. Jefferies economist Mohit Kumar said a shift toward more government intervention would “add to some risk premium in the markets.” Reuters