Nasdaq futures gain 1% ahead of weekly jobless claims data

By Reuters5 days ago

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Reuters. FILE PHOTO: People are seen on Wall St. outside the NYSE in New York

By Shivani Kumaresan

(Reuters) - Futures tracking the Nasdaq jumped about 1% on Thursday, as tech-related stocks climbed ahead of weekly jobless claims data, while reassurance that the Federal Reserve will maintain its ultra dovish stance for a longer period supported sentiment.

Apple Inc (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT) Facebook Inc (NASDAQ:FB) and Amazon.com Inc (NASDAQ:AMZN) rose between 0.8% and 1% in premarket trading.

High-growth tech stocks have recovered in recent sessions as U.S. 10-year bond yields backed off from their 14-month highs.

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