US STOCKS-Wall Street to open lower as labor market recovery stalls

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* Weekly jobless claims stuck at high levels
* Fed vows to keep rates low until 2023
* Big U.S. banks fall in premarket trading
* Futures down: Dow 1.14%, S&P 500 1.55%, Nasdaq 2.34%

(Adds comments, updates price action)
By Shreyashi Sanyal and Devik Jain
Sept 17 (Reuters) - Wall Street's main indexes were poised
to open lower on Thursday after data continued to show high
levels of weekly jobless claims, adding to concerns about an
economic rebound a day after the Federal Reserve issued an
underwhelming stimulus plan.
The Labor Department's report showed the number of Americans
filing new claims for unemployment benefits fell last week, but
remained perched at extremely high levels as the labor market
recovery shifts into low gear and consumer spending cools.
In a news conference on Wednesday, Fed Chair Jerome Powell
also indicated a long road to "maximum employment" and said the
central bank was limited in its capacity to address some of the
gaps around wage growth and workforce participation.
"The bulls basically wanted more long term bond buying (and)
the fact that the Fed failed to provide that additional upside,
investors are a bit more bearish today," said Mike Bailey,
director of research at FBB Capital Partners in Bethesda,
Maryland.
The S&P 500 .SPX sold off after Powell's remarks, with the
technology sector .SPLRCT , which had been recovering from a
rout earlier in September, tumbling 1.6%.
A broader slump in tech-related stocks halted a five-month
rally in the benchmark index this month and pushed the Nasdaq
into correction.
At 8:35 a.m. ET, Dow e-minis 1YMcv1 were down 320 points,
or 1.14%. S&P 500 e-minis EScv1 were down 52.25 points, or
1.55% and Nasdaq 100 e-minis NQcv1 were down 263.5 points, or
2.34%.
The big U.S. banks including Goldman Sachs Group Inc GS.N ,
Bank of America Corp BAC.N , Citigroup Inc C.N and Wells
Fargo & Co WFC.N fell 1% in premarket trading.
Carnival Corp CCL.N dropped 3.2% after its British
cruiseline P&O Cruises extended a cancellation in sailings until
early 2021. Other cruise operators such as Royal Caribbean
Cruises RCL.N and Norwegian Cruise Line Holdings Ltd NCLH.N
shed more than 2%.
German biotech firm BioNTech SE BNTX.O rose 2.1% as it
said it was buying a production site from Swiss drugs giant
Novartis NOVN.S to boost output of its potential coronavirus
vaccine by several million doses.