US futures edge lower after extraordinary run

Thursday, May 9th, 2013 | Finance News

NEW YORK (AP) — Stock futures are edging lower following an extraordinary streak this week in U.S. markets.

Dow futures are down 9 points to 15,053. The broader S&P futures have added 1.9 points to 1,626.80. Nasdaq futures are up 5 points to 2,956.75.

The government on Thursday releases weekly unemployment claims numbers and its March wholesale inventory report.

Economists expect applications for unemployment benefits rose slightly, but only after weeks of declines that have brought claims to levels not seen since January 2008.

Surging sales in February are expected to have bumped up wholesale inventories levels in March.

Also Thursday, retailers post their sales numbers for April.

Strong corporate earnings and signs of a sustained economic recovery pushed the Dow to close above 15,000 for the past two days for the first time ever.