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
