US stock futures little changed ahead of jobs data

September 8, 2011 - 7:55 AM
Wall Street

In this Aug. 29, 2011 photo, traders work on the floor of the New York Stock Exchange. Stocks advanced for the second day running Thursday, Sept. 8, 2011, amid hopes that global policymakers will enact more measures to shore up ailing economic growth.(AP Photo/Richard Drew)

NEW YORK (AP) — U.S. stock futures are little changed ahead of a full day of economic data.

Investors will receive reports Thursday on the number of new claims for unemployment benefits last week and the U.S. trade deficit in July. Federal Reserve Chairman Ben Bernanke will give a speech in the afternoon detailing his outlook for the U.S. economy. President Barack Obama will appear before Congress tonight and lay out his jobs plan.

Hog producer Smithfield Foods rose nearly 3 percent before the market opened after the hog producer said that profits rose last quarter.

Two hours before the opening bell, Dow futures were up 8 points, or 0.1 percent, to 11,423. S&P 500 futures gained 1, or 0.1 percent, to 1,199. Nasdaq 100 futures edged up 7, or 0.3 percent, to 2,229.