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5 things to know before the stock market opens Thursday

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Dow futures are lower Thursday following a 3.5% three-session rally on optimism over the reopening of the economy.

On Thursday morning, data on first-time jobless claims for last week are seen rising by 1.8 million, which would bring the total number of Americans who filed since mid-March to nearly 43 million. However, the pace of new claims has been slowing in recent weeks. The government reports its May employment report Friday, with nonfarm payrolls expected to decline by 8.3 million and the nation's unemployment rate expected to soar to 19.5%.

The area in front of the Welcome to Fabulous Las Vegas sign, where tourists often line up to take photos, is shown empty as most businesses in the area are closed as a result of the statewide shutdown due to the continuing spread of the coronavirus across the United States on March 22, 2020 in Las Vegas, Nevada.Thursday, under a number of coronavirus requirements, including 50% capacity in gaming areas. Hotels do not have to limit room capacity.

 

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