Stock futures are flat following a rebound day on Wall Street

Stock futures are flat following a rebound day on Wall Street

Stock futures were flat in overnight trading after major averages rebounded from a three-day losing streak on Thursday led by technology shares. Futures on the Dow Jones Industrial Average last added 30 points, up 0.09%. S&P 500 futures were 0.06% higher. Nasdaq-100 futures ticked 0.12% higher. The move in futures followed a comeback day on Wall Street with the Dow gaining 186 points and the S&P 500 and Nasdaq composite ending the day 1.06% and 1.77% higher, respectively. Microsoft, Facebook and Alphabet all rose more than 1% while Netflix and Apple rallied more than 2% each. Shares of Tesla and other speculative parts of the market bounced back as bitcoin prices recovered after a rollercoaster session Wednesday. However, bitcoin briefly turned negative after the Treasury Department called for . A new pandemic-low in jobless claims also helped sentiment on Thursday. First-time unemployment benefits claims for the week ended May 15 came in at 444,000, the lowest since March 14, 2020, . Economists surveyed by Dow Jones had been expecting 452,000 new claims. Thursday's "jobless claims improvement furthers our view was likely a blip rather than a sign of deceleration, and we anticipate meaningful labor market improvement in coming months," said