US equity futures are unchanged ahead of Friday's payrolls report, following mixed economic data releases. The S&P 500 ended the day flat, while the Nasdaq 100 fell 0.1%. European stocks gained ahead of an expected interest rate cut by the European Central Bank. The dollar reversed earlier losses, while gold surged to briefly top $3,400. Commodities are mostly mixed, with silver outperforming. In premarket trading, the Mag 7 stocks are mixed, with Broadcom rising 1% ahead of earnings. Dollar Tree shares rose 1.6% after JPMorgan upgraded the discount retailer to overweight from neutral. The European Central Bank is set to cut rates for an eighth time later on Thursday, with another reduction expected in September. The Stoxx 600 is up 0.4%, rising for a third day ahead of the ECB's interest-rate cut.
zerohedge.com
zerohedge.com
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