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Stock impact report

US STOCKS-Futures gain ahead of earnings reports, jobless claims [Reuters]

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
Company Research Source: Reuters
Futures gain ahead of earnings reports, jobless claims (Reuters) - U.S. stock index futures edged higher on Thursday, with investors weighing the prospects of the economy re-opening against worsening macroeconomic data and dour first-quarter earnings reports. The S&P 500 .SPX recoiled from a four-week high on Wednesday as the big U.S. banks braced for a wave of potential loan defaults as the coronavirus crushed business activity. On Thursday, BlackRock Inc ( BLK.N ), the world’s largest asset manager, reported a drop in quarterly profit as investors pulled money out of its marquee funds and preferred cash management services. Medical equipment maker Abbott Laboratories Inc ( ABT.N ) and Morgan Stanley ( MS.N ) are scheduled to report quarterly results later in the day. Focus will also be on weekly jobless claims, which are likely to have surged past 5 million last week, taking total unemployment claims to an astounding 20 million in the past month. Meanwhile, President Donald Tr Show less Read more
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