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Last updated: August 29. 2013 8:36AM - 284 Views
Associated Press



In this Tuesday, Aug. 27, 2013 photo, trader Gregory Rowe, left, works on the floor of the New York Stock Exchange. U.S. stock futures are modestly higher, Wednesday, Aug. 28, 2013, while global exchanges are falling, with Western nations laying the groundwork for potential military strikes in Syria. (AP Photo/Richard Drew)
In this Tuesday, Aug. 27, 2013 photo, trader Gregory Rowe, left, works on the floor of the New York Stock Exchange. U.S. stock futures are modestly higher, Wednesday, Aug. 28, 2013, while global exchanges are falling, with Western nations laying the groundwork for potential military strikes in Syria. (AP Photo/Richard Drew)
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(AP) U.S. stock futures are moving higher before the arrival of a pair of economic reports that are expected to reveal U.S. economic growth and an improving employment landscape.


The uncertainty that has rattled markets for days also eased Thursday as allies of Syrian President Bashar Assad moved to block a rapid military strike in response to evidence of a chemical weapons attack.


Dow Jones industrial futures are up 24 points to 14,830. S&P futures have added 2.8 points to 1,635. Nasdaq futures are up 10 points to 3,078.25.


Economists expect the U.S. Commerce Department will revise second-quarter growth upward by to a 2.3 percent annual rate, based on stronger-than-expected trade data.


And most are expecting weekly jobs numbers to show the number of Americans seeking unemployment benefits remained near five-year lows.


Associated Press
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