PrintOil Prices Soar, Investors Await Jobless Claims Report as US Futures Decline Thursday Pre-Bell
BY MT Newswires | ECONOMIC | 03/12/26 07:58 AM EDT07:58 AM EDT, 03/12/2026 (MT Newswires) -- US stock futures were tracking lower in Thursday's premarket session as the Middle East conflict sends oil prices soaring, while investors look ahead to key employment data coming out later in the morning.
The Dow Jones Industrial Average futures were down 0.5%, S&P 500 futures were 0.4% lower, and Nasdaq futures declined 0.3%.
Oil prices were surging higher again, with front-month global benchmarks Brent crude rising 6.49% to $97.95 a barrel, while West Texas Intermediate crude was up 5.90% to $92.40 a barrel.
The US Labor Department will release its weekly initial jobless claims report at 8:30 am ET. Claims are expected to rise to 215,000 from 213,000, according to analysts surveyed by Bloomberg.
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