|
With eyes on Friday's payrolls report, traders
await data on weekly U.S. jobless claims due at 8:30 a.m. EST
(1330 GMT).
At the same time, ECB chief Mario Draghi will address the press
after a policy meeting. The ECB meets under growing pressure to
take dramatic action to prevent the bloc's economies from going
into recession.
Shares of pet drug developer Kindred Biosciences fell 25 percent
in premarket trading after it said it would stop developing its
experimental atopic dermatitis drug for dogs due to "the rapid
uptake and success" of a rival product. Dechra Pharmaceuticals
recently launched its own treatment for the condition in
Britain.
Workers in various industries are expected to stage strikes and
walkouts throughout the United States to advocate for a $15 per
hour minimum wage and other labor rights. Workers include some
at fast-food restaurants like McDonald's, Burger King and
Wendy's, and major airports like JFK in New York City.
The Dow and S&P 500 ended at records on Wednesday as data showed
the U.S. services sector continued to expand, boosting cyclical
stocks.
(Editing by Bernadette Baum)
[© 2014 Thomson Reuters. All rights
reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
