the major us index futures point to a moderately lower opening on thursday potentially adding to the losses stocks incurred in the previous session on wednesday the major averages retreated as rate worries and profittaking following two straight sessions of solid gains exerted downward pressure on stocks the market opened lower and fell further in early trading as traders digested betterthanexpected private payroll data stocks however cut their losses over the course of the session and yet closed modestly lower utility and real estate stocks were among the worst decliners while energy stocks provided the offsetting impact against the abounding uncertainties it is best to be positioned with companies that survive a weak economy than companies that have more upside potential hoping to retrace toward the previous highs hedge fund manager louis navellier said in a note continue to use the volatility to reduce exposure of more speculative names on rallies and add highquality on pullbacks he added in premarket trading on thursday the spdr sp 500 etf trustspy retreated 069 to 37450 and invesco qqq trustqqq declined 075 to 27986 according to benzinga pro data on the economic front the labor department is scheduled to release its jobless claims report for the week ended oct 1 at 830 am edt the consensus calls for an increase in the number of individuals claiming unemployment benefits from 193000 to 203000 us federal reserve board governors christopher waller and lisa cook are scheduled to speak at 1 pm edt cleveland fed president loretta mester and chicago fed chief charles evans will make public appearances after the market closes see also nyse just had 2 straight 90 up days in a row the last time that happened in 2013 heres what came next   tesla inc and twitter inc are once again in the spotlight as traders await any incremental update on elon musks takeprivate deal gary black of future fund said tesla shares will likely languish until musk renders further clarity on potential stock sakes to fund the deal   credit suisse ag is reportedly seeking to sell the savoy hotel it owns as part of the restructuring initiatives   pinterest inc was rallying after goldman sachs upgraded the stock from neutral to buy and upped the price target from 24 to 31 on improving user growth trends according to the fly crude oil futures are retreating modestly after tacking on over 10 in the previous three sessions amid the opec decision to cut output by a biggerthanexpected 2 million barrels per day the major asian markets meandered to a mixed close on thursday as apprehension returned following wall streets retreat in the previous session the japanese taiwanese and south korean markets advanced notably while the hong kong and new zealand markets ended lower for the session the chinese market remained closed on account of the national day public holiday european stocks opened higher but reversed course in early trading and the major averages in the region were trading with notable losses by late morning trading