U.S. Stock Market

Mar S&P 500 E-mini stock futures this morning are up +10.00 points (+0.39%). Thursday's closes: S&P 500 -3.75%, Dow Jones -4.15%, Nasdaq -4.19%. The S&P 500 on Thursday sank to a 2-1/2 month low and settled sharply lower. Stocks were again undercut by interest rate concerns after the 10-year T-note yield matched its 4-year high of 2.88%. There was also weakness in energy stocks after crude oil prices tumbled -1.04% to a 1-month low. Stocks received some support from news that U.S. weekly initial unemployment claims unexpectedly fell -9,000 to 221,000, better than expectations of +2,000 to 232,000.