U.S. stock futures were little changed, following a four-day rally for the Standard & Poor’s 500 Index, as investors await a report that may show manufacturing shrank for the first time in two years.U.S. manufacturing probably shrank in August for the first time in two years, economists said before a report today. The Institute for Supply Management’s manufacturing index fell to 48.9 last month from 50.9 in July, according to the median estimate of economists.
Stock futures haven't really reacted to the latest dose of data, which included initial jobless claims for the week ended August 27. Those claims totaled 409,000, which is on par with the 410,000 claims that had been commonly expected among economists.
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