U.S. stock futures inched higher ahead of retail spending data and a fresh batch of bank earnings, both of which will be watched for insights into the state of the economy.
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The number of Americans who applied for unemployment benefits in early February rose slightly, but there’s still no sign of widespread layoffs in an economy that has been expanding for a record 10 and a half years. Initial jobless claims edged up by 2,000 to 205,000.
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