Sentiment also took a hit after decline in eurozone business confidence and a weaker than expected earnings report from oil major Exxon ( XOM). Futures for the Dow Jones Industrial Average were down by 36 points, or 31.7 points below fair value, at 13,004. Futures for the S&P 500 were losing 5.1 points, or 4.4 points below fair value, at 1382, and futures for the Nasdaq were off by 8.5 points, or 9.2 points below fair value, at 2696.
NEW YORK ( TheStreet) -- U.S. stock futures were lower early Thursday following data showing initial jobless claims remained elevated last week.
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