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U.S. Stock Futures Waver Ahead of Unemployment Claims

U.S. stock futures wobbled Thursday as coronavirus cases accelerated across the U.S., leading businesses to revisit plans for resuming normal operations and damping hopes of a rapid economic recovery.

Investors are awaiting fresh cues on the health of the American labor market, with data on weekly applications for unemployment benefits due to be released at 8:30 a.m. ET. Statistics on new orders in May for long-lasting factory goods, which could provide insights into the pace of the recovery as some states have reopened, will…

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