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News / Nation & World

Stock futures mixed as investors weigh jobs news

The Columbian
Published: January 27, 2011, 12:00am

NEW YORK (AP) — Stock futures are mixed as the government says more people are applying for unemployment benefits.

The Commerce Department said 454,000 people applied for unemployment last week, the highest level since late October. Snowstorms in some parts of the country forced companies to lay off workers.

Investors will also get reports Thursday on home sales.

The slew of corporate earnings reports continues as well. Amazon.com, AT&T, Caterpillar and JetBlue Airways are all releasing their latest earnings.

Ahead of the opening bell, Dow Jones industrial average futures are flat at 11,936. Standard & Poor’s 500 index futures are down 2, or 0.2 percent, at 1,292. Nasdaq 100 index futures are down 1, or less than 0.1 percent, at 2,317.

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