NEW YORK (AP) — Stock futures fell Thursday after huge rally that followed an eleventh-hour deal to avert a default on U.S. debt.
The deal reached in Congress Wednesday, however, only allows the Treasury to borrow money through Feb. 7.
Dow Jones industrial futures fell 66 points to 15,183. S&P futures gave up 3.1 points to 1,710.10. Nasdaq futures lost 1.75 points to 3,262.25.
It is a big day for corporate earnings, with a number of major players topping Wall Street estimates.
Verizon's quarterly profit jumped 40 percent as it added more than a million wireless devices to its network. Union Pacific posted a 10 percent rise in profit higher shipping rates helped the railroad offset flat volume.
Yet Goldman Sachs' third-quarter profit was flat and revenue fell sharply as trading in bonds and other securities slowed.
The Labor Department released weekly unemployment benefit claims, which were again skewed by a backlog in California.
Applications dropped 15,000 to a seasonally adjusted 358,000 last week. The less volatile four-week average rose 11,750 to 336,500.
About 70,000 furloughed federal employees sought benefits in the week ended Oct. 5, but they aren't included in the overall totals. The government opened for business on Thursday after a 16-day shutdown.
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Four and a half years after he went to prison, former state senate leader Manny Aragon is out.
A suspected meth kingpin the FBI thought might be hiding out in New Mexico has been captured.
The popular Capulin Snow Play Area near Sandia Peak will be closed for the second year in a row.
While the roads were looking clearer late Thursday afternoon in the Albuquerque area, they could get dangerous again as temperatures drop later in the evening.
New details were released Thursday in Albuquerque's latest police shooting.
The southeast part of the state is getting hit hard with winter weather.