Dow Jones Futures Fall 300 Points After Jobless Claims; Netflix Earnings Due
Dow Jones futures briefly fell more than 300 points Thursday morning after the Labor Department’s first-time jobless claims. Meanwhile, Netflix (NFLX) earnings are due out after the market close, kicking off fourth-quarter tech earnings.
Initial unemployment claims dropped to 190,000 vs. 205,000 in the previous week. Claims were expected to rise to 215,000, per Econoday estimates.
Elsewhere on the economic front, housing starts and permits — along with the Philadelphia Fed…