NewsWatch: Stock futures waver after Fed disappointment sparks selloff

MARKETWATCH FRONT PAGE U.S. stock index futures on Thursday indicate a mixed start for Wall Street after Federal Reserve Chairman Jerome Powell dampened expectations for further interest rate cuts following the central bank’s first cut in more than a decade. See full story. Jobless claims climb 8,000 to 215,000 at end of July, but layoffs…

NewsWatch: Stock futures waver after Fed disappointment sparks selloff

MARKETWATCH FRONT PAGE U.S. stock index futures on Thursday indicate a mixed start for Wall Street after Federal Reserve Chairman Jerome Powell dampened expectations for further interest rate cuts following the central bank’s first cut in more than a decade. See full story. Jobless claims climb 8,000 to 215,000 at end of July, but layoffs still extremely low More workers applied for unemployment benefits at the end of July, but the rate of layoffs in the U.S. clung near the lowest level in decades and showed no sign of rising. Initial jobless claims rose by 8,000 to 215,000 in the week of July 27. See full story. An
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