European markets are called to open negative this morning.
Asian stocks fell for the first time in four days as the yen traded near a post-World War II high and Morgan Stanley and Deutsche Bank AG cut forecasts for China’s economic growth.
U.S. stocks ended a thinly traded session mixed Wednesday as investors weighed the latest corporate results against global economic and debt concerns.
The Dow Jones industrial average rose 4 points, or less than 0.1%, to close at 11,410. The S&P 500 added 1 point to 1,193. The Nasdaq composite fell 12 points to 2,511.
Events this week
Thursday – Investors will get weekly jobless claims and the July consumer price index from the Labor Department at 8:30 a.m. ET. Weekly jobless claims are expected to by 5,000 claims to 400,000. Inflation is expected to remain tame, rising 0.2% after falling 0.2% in June.
Dow component Hewlett Packard reports its quarterly results after the closing bell on Thursday. Analysts are looking for the tech giant to post a profit of $1.09 per share.
Other companies reporting on Friday include Gap, Sears Holdings and video game retailer GameStop.
Friday – There are no company reports or economic data for investors to work through on Friday.