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Futures pare losses after weekly unemployment report

FILE PHOTO: Merchants work on the ground of the New York Inventory Alternate (NYSE) in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson

(1) - U.S. inventory index futures pared losses sharply on Thursday regardless of the Labor Division’s information exhibiting weekly unemployment claims soared to three.three million final week from 282,000 per week earlier.

At 8:31 a.m. ET, Dow e-minis 1YMcv1 had been down 238 factors, or 1.13%. S&P 500 e-minis EScv1 had been down 35.75 factors, or 1.45% and Nasdaq 100 e-minis NQcv1 had been down 79.75 factors, or 1.07%.

Second earlier than the info, Dow e-minis 1YMcv1 had been down 468 factors, or 2.23%. S&P 500 e-minis EScv1 had been down 59 factors, or 2.39% and Nasdaq 100 e-minis NQcv1 had been down 145.25 factors, or 1.95%.

Reporting by Medha Singh in Bengaluru; Enhancing by Arun Koyyur

Our Requirements:The Thomson 1 Belief Rules.
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