Jobless Claims Eyed as US Equity Futures Tread Water Pre-Bell

BY MT Newswires | ECONOMIC | 07/10/25 08:16 AM EDT

08:16 AM EDT, 07/10/2025 (MT Newswires) -- US equity futures were little changed pre-bell Thursday ahead of the release of the weekly jobless claims report while the global tariff situation remained a focal point for investors.

Dow Jones Industrial Average futures were flat, S&P 500 futures gained 0.04%, while Nasdaq futures were up 0.1%.

US President Donald Trump threatened to slap a 50% tariff on imports from Brazil, according to a letter he posted on Truth Social.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.7% at $69.69 per barrel and US West Texas Intermediate crude 0.9% lower at $67.79 per barrel.

The weekly unemployment claims report, scheduled for release at 8:30 am ET, is expected to show that jobless claims rose to 236,000 in the week ended July 5 from 233,000 in the prior week, according to estimates compiled by Bloomberg.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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