Market Snapshot: U.S. stock futures tilt lower as Cisco’s drop weighs

U.S. stock futures on Thursday pointed to a flat open as a weekly report offered signs that the labor market remains healthy, and a reading of manufacturing in Philadelphia proved upbeat.

Jobless claims last week fell by 4,000 to 262,000, representing a one-month low and marking the 76th straight week that claims have been below 300,000. Meanwhile, the Federal Reserve Bank of Philadelphia’s barometer of regional manufacturing activity rebounded slightly into positive territory in August.

S&P 500 futures ESU6, -0.09% shed 1.95 point, or 0.1%, at 2,177.50, while Dow Jones Industrial Average futures YMU6, -0.04% slipped 10 points, or less than 0.1%, to 18,531.

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