5 things to know before the stock market opens Thursday, Aug. 5

The government Thursday morning reported initial jobless claims for last week dipped to 385,000, matching estimates. The previous week was revised a bit lower to 399,000. The latest reading on continuing claims, which runs one week behind the headline weekly number, showed a sharp drop to under 3 million. The 10-year Treasury yield ticked lower to around 1.18%, one day after falling to its lowest level since February. On Friday, the government is set to release its July employment report. Economists expect 845,000 nonfarm jobs were created last month after June’s 850,000 increase.

Etsy shares sank 12% in the premarket after the online crafts marketplace late Wednesday reported lower-than-expected user growth. Etsy did top estimates with quarterly earnings of 68 cents per share. Revenue also beat projections. The stock was up 55% over the past 12 months.

Shares of Roku fell more than 8% in Thursday’s premarket, one day after the video streaming device maker reported disappointing user growth. Roku did crush estimates with quarterly earnings of 52 cents per share. Revenue also exceeded estimates. The stock was up over 150% in the past 12 months.