Stock-index futures point to higher open, but off highs scored after court ruling on tariffs
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U.S. stock-index futures continued to point to a higher start for Wall Street on Thursday, but trimmed the sharp gains seen after a U.S. trade court blocked a majority of President Donald
Trump's tariff plans after Wednesday's closing bell. Gains had narrowed ahead of data that showed first-time jobless claims rose to 240,000 in the week ended May 24, surpassing
Wall Street expectations for 230,000. First-quarter gross domestic product was revised to an annualized fall of 0.2% versus an initial estimate of minus 0.4%. Dow futures were up around 72
points, or 0.2%, while S&P 500 futures gained 0.8% and Nasdaq-100 futures were up 1.3%.