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Futures Extend Gains On Inflation Data, Jobless Claims

The Dow Jones Industrial Average fell Thursday morning after key inflation data. Personal income climbed 0.7% in October, topping the 0.4% Econoday estimate. First-time jobless claims from the Labor Department fell to 225,000 vs. 240,000 in the previous week. Okta, Splunk and Snowflake posted big earnings-related moves, and Dow Jones stock Salesforce dived after its quarterly results. Chinese electric-vehicle stocks Li Auto and Nio reported record auto sales. The 10-year Treasury yield slid to 3.58% Thursday morning, touching its lowest level since Oct. 4. Boeing, Caterpillar and Chevron are among Dow Jones names Boeing (BA), Caterpillar (CAT) and Chevron (CB) . . .

Read more at www.investors.com
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