While major U.S. stock markets have clawed back much of their pandemic-driven losses, with the tech-heavy Nasdaq on Wednesday closing just 1.4 percent off its all-time high, Wall Street opened lower on Thursday, suggesting the equities rally may be losing some steam.
Stock futures were trading slightly down Thursday morning before the Wall Street indexes opened, suggesting a pause on bullish sentiment likely to be dampened further as investors digest jobless claims data that showed labor market improvement, but less than what analysts had forecast.
