Market Snapshot: U.S. stock futures aren’t partying as the bull run turns 8 years old

The U.S. stock market looked on track to open modestly lower Thursday, hit by another drop in oil prices and setting key benchmarks on course for their fourth straight down day.

Investors are waiting for readings on U.S. jobless claims and import prices, as well as a policy statement from the European Central Bank.

Many pundits view Thursday as the bull market’s eighth birthday, based on the fact that the S&P 500 notched its bear-market closing low on March 9, 2009. It has gone on to gain 249%.

S&P 500 futures ESH7, -0.16% edged lower by 3.10 points, or 0.1%, to 2,361.00, while Dow Jones Industrial Average futures YMH7, -0.16% dipped by 31 points, or 0.2%, to 20,837.00.

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