US STOCKS-Futures flat in Fed wake, data on tap

Thu Jun 19, 2014 7:45am EDT
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* Initial weekly jobless claims, Philly Fed manufacturing data on tap

* Blackberry jumps in premarket after earnings

* Futures: Dow up 1 pt, S&P off 0.25 pt, Nasdaq up 2.5 pts

By Chuck Mikolajczak

NEW YORK, June 19 (Reuters) - U.S. stock index futures were little changed on Thursday, after four straight days of gains sent the S&P 500 to a fresh record high, ahead of data on the labor market and manufacturing.

* The benchmark S&P index is up 1.4 percent over the past four days and notched its biggest advance in nearly a month on Wednesday, after the Federal Reserve hinted at a slightly faster pace of interest-rate increases starting next year but suggested rates in the long run would be lower than it had indicated previously.

* The gains pushed the S&P above its prior record high of 1,951.27 set on June 9.

* Investors will eye weekly initial jobless claims data at 8:30 a.m. (1230 GMT). Expectations call for the number of claims to dip to 314,000 versus the 317,000 recorded last week.

* Later in the session, the Philadelphia Federal Reserve will release its June manufacturing survey for the mid-Atlantic region at 10 a.m. (1400 GMT). Expectations call for a reading of 14 in the main business activity index against 15.4 in May.   Continued...