Investors Await Initial Jobless Claims Report

U.S. stock futures are trying to hold on to yesterday’s rebound after three straight sessions of bloodbath. Currently, the S&P 500 is up +56 points, the Nasdaq is +233 points, and the Dow is +313 points.Investors are trying to reassess the situation following last week’s weak jobs data that showed lower-than-expected job additions in July and a spike in the unemployment rate that raised concerns among investors about the economy’s health. Tech stocks that have been driving the Wall Street rally for so long ...