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U.S. Stock Futures Steady After Jobless Claims

by Amwal Al Ghad English

U.S. stock-index futures on Wednesday remained near unchanged after weekly jobless-claims data came in as expected but also distorted by superstorm Sandy.

“There is no bottom line in terms of coming to a conclusion with this hurricane-distorted data,” said Peter Boockvar, equity strategist at Miller Tabak. Futures for the Dow Jones Industrial Average were up 3 points at 12,762. Those for the S&P 500 index added nearly 1 point to 1,387.2, and Nasdaq 100 futures climbed 2 points to 2,595.50.

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