NEW YORK (AP) — Stock futures are edging higher as traders avoid any big moves before a key reading on unemployment claims and the start of earnings season.
Pepsico and Alcoa kick off earnings season Thursday. The pair will provide a glimpse into how companies were able to deal with slowing economic growth over the summer and provide insight into where corporate executives believe the economy is headed.
Traders will also get a reading on the jobs market. The Labor Department is expected to say first-time claims for unemployment benefits rose slightly last week.
Dow Jones industrial average futures are up 9, or 0.1 percent, at 10,915. S&P 500 futures are up 1, or 0.1 percent, at 1,157, while Nasdaq 100 futures are up 1, or less than 0.1 percent, at 2,005.