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Mercados

US STOCKS-Dow, S&P 500 futures dip at end of strong month; jobless data awaited

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* Futures mixed: Dow up 0.1%, S&P down 0.09% , Nasdaq up 0.34%

April 30 (Reuters) - Dow and S&P 500 stock index futures dipped on Thursday as nerves kicked in at the end of an overall strong month for stocks with investors awaiting the weekly jobless claims data, while Nasdaq futures rose after upbeat earnings from Facebook and Tesla.

Historic U.S. monetary and fiscal stimulus and hopes of a revival in business activity as states reopen from lockdowns have powered a Wall Street rally in April, putting the S&P 500 on course for its best month since 1974.

All three U.S. stock indexes ended Wednesday’s session closer to all-time highs reached in February after positive partial data from a trial of Gilead Science Inc’s antiviral remdesivir showed an improved recovery rate in COVID-19 patients.

Although data is likely to show weekly jobless claims stabilized after scaling record highs in March, other numbers have shown that the U.S. economy is set for its sharpest contraction since the Great Recession.

The Federal Reserve pledged on Wednesday to expand emergency programs to revive growth but dashed hopes for a fast rebound, saying the economy could feel the weight of consumer fear and social distancing for a year.

Facebook Inc rose 8.6% after beating analysts’ estimates for first-quarter revenue and saying it had seen “signs of stability” for ad sales in April after a plunge in March.

Electric car maker Tesla Inc gained 8.5% after posting its third straight quarterly profit, taking investors by surprise as its automaker peers were hit by a slump in consumer demand and factory shutdowns.

Investors will parse through earnings reports from American Airlines and McDonald’s Corp, while the two remaining FAANG stocks - Apple Inc and Amazon.com - will issue results after markets close.

At 06:43 a.m. EDT, Dow e-minis were up 25 points, or 0.1%, S&P 500 e-minis were down 2.75 points, or 0.09% and Nasdaq 100 e-minis were up 30.5 points, or 0.34%.

SPDR S&P 500 ETFs were up 0.29%.

The S&P 500 index closed up 2.66% at 2,939.51 on Wednesday. (Reporting by C Nivedita and Shreyashi Sanyal in Bengaluru; Editing by Saumyadeb Chakrabarty)

Nuestros Estándares: Los principios Thomson Reuters.

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