MW: U.S. GDP, weekly jobless claims in the spotlight
THURSDAY MORNING’S TOP STORIES
By MarketWatch
Premarket news
Growth in U.S. third-quarter gross domestic product was revised lower, although still showed an annualized increase at a 1.8% rate.
First-time U.S. jobless claims fell by 4,000 to 364,000 last week, Labor Department data showed.
Indications: U.S. stock futures higher ahead of data barrage
U.S. stock futures pointed to a higher Wall Street open, bolstered by a rebound for stocks in Europe and following a barrage of data on the U.S. economy.
Indications
Europe Markets: Banks, resources lift Europe’s benchmark
European stock markets bounced, driven by gains for banks and resource stocks.
Europe Markets
London Markets: Bank shares drive Britain’s FTSE 100 index
British stocks traded higher, with banks and oil stocks lifting the FTSE 100 index.
London Markets
Asia Markets: Asia markets fall as Europe debt jitters weigh
Most Asian stock markets ended with mild losses overnight, on expectations that the European Central Bank’s massive lending to banks won’t solve the region’s debt crisis.
Asia Markets
Currencies: Euro ticks back up; dollar slightly weaker
The euro moved higher, catching its breath after losses the previous day.
Currencies
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