Dow Jones, Nasdaq edge higher before jobless claims

U.S. stock index futures inched up overnight, but not by much, as traders await the latest weekly update on the number of Americans applying for jobless benefits. A report from the Labor Department will likely show initial claims fell to 540,000, from 553,000 in the previous week, suggesting the numbers are still trending downward. It would also mark a fresh pandemic low given the pick-up in economic activity.Snapshot: Unemployment is still a problem. More than 16.5M Americans were receiving jobless benefits as of mid-April, including more than 12M Americans on the federal Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation programs. Last month's non-farm payrolls report also showed the U.S. economy is more than 8M jobs short of its pre-pandemic levels, but a fresh NFP figure will be published tomorrow.On the earnings calendar, investors will get Q1 results this morning from Moderna, Regeneron, Kellogg and ViacomCBS. After the bell, reports