Stocks set to slide ahead of economic reports
Excerpt:NEW YORK (CNNMoney) -- U.S. stock markets have a bevy of corporate and economic data to sift through Thursday, as they continue to recover following the two-day suspension of trading due to Superstorm Sandy. U.S. stock futures were lower. The reports due before the start of trade include planned job cuts, private sector jobs and initial unemployment claims, in a prelude to the government's monthly jobs report on Friday. Payroll processor ADP will release private-sector jobs data at 8:15 a.m. ET. The report is expected to show gains of 143,000 jobs in October, according to a survey of analysts by Briefing.com. Shortly afterward, the weekly initial jobless claims report is expected to total 375,000 new filings. That would be an increase from 369,000 in the prior week.
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Stocks set to slide ahead of economic reports
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U.S. stock markets have a bevy of corporate and economic data to sift through Thursday, as they continue to recover following the two-day suspension of trading due to Superstorm Sandy.
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