US stock futures stabilized on Thursday following a mixed close in the major averages the previous day, as investors assessed the latest economic data. On Wednesday, the Dow Jones Industrial Average and the S&P 500 dropped by 0.94% and 0.34%, respectively, retracting from their peak closing levels. The decline was largely driven by cyclical sectors such as industrials, materials, and financials, which tend to struggle during economic slowdowns. In contrast, the Nasdaq Composite, known for its tech focus, rose by 0.16%, buoyed by a 2.5% increase in Alphabet’s shares, the parent company of Google. On the economic front, the JOLTS report revealed a significant decline in job openings, indicating a cooling in labor demand, while the ADP report showed a slight recovery in private-sector hiring. Moreover, the ISM Services PMI exceeded expectations. Investors are now looking ahead to the upcoming weekly jobless claims data on Thursday and the December employment report on Friday for more cues on the labor market and insights into the Federal Reserve's policy direction.