Dow Jones Futures Fall Ahead Of Jobless Claims; PacWest Crashes 45% On Possible Sale


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Dow Jones futures dropped Thursday morning in a tightly mixed market ahead of the Labor Department's weekly first-time jobless claims. Regional bank PacWest Bancorp (PACW) crashed 45% after a report that the company was weighing a possible sale. Meanwhile, Apple (AAPL) earnings are out after the close. X PacWest said in a statement Thursday morning that it is in talks with investors and gave updates on its level of deposits. Banking fears continued, as the SPDR S&P Regional Banking ETF (KRE) sold off 3.5% in Thursday's early trade. First Horizon (FHN) plunged 40%, while Western Alliance (WAL) and Zions Bancorporation...