(Reuters) – Stock index futures pointed to a weaker open for equities on Wall Street on Thursday, with futures for the SP 500, for the Dow Jones and for the Nasdaq 100 down 0.5 to 0.8 percent.
The Labor Department releases at 8:30 a.m. ET first-time claims for jobless benefits for the week ended November 19. Economists forecast a total of 390,000 new filings, compared with 388,000 in the prior week.
Mortgage Bankers Association releases at 7 a.m. ET Weekly Mortgage Market Index for the week ended November 18, versus the prior week. The mortgage market index read 660.6 and the refinancing index was 3,483.9 in the previous week.
Deere Co (DE.N), one of the world’s largest heavy equipment producers is expected to post a sharp increase in earnings per share on revenue of $7.8 billion, or $1.3 billion more than the same period a year ago.
The Commerce Department releases at 8:30 a.m. ET October personal income and consumption data. Economists expect a 0.3 percent rise in income and a 0.4 percent rise in spending. In September, income rose 0.1 percent, and spending was up 0.6 percent.
At 8:30 a.m. ET, the Commerce Department releases October durable goods orders. Economists expect a 1
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