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Data expected at 8:30 a.m. EDT includes weekly
initial jobless claims, anticipated by investors for a pulse on
the labor market's health. At 10:00 a.m., wholesale inventories
numbers for February are due.
The reports will continue to be the main focus for traders, as
minutes from the latest Federal Reserve meeting released
Wednesday indicated that the central bank remained on track for
an interest rate hike this year, depending on data.
Alcoa <AA.N> shares fell 2.7 percent in premarket trading after
revenue lagged analysts' estimates in the first quarter.
Shares of Zynga lost 9.3 percent after announcing on Wednesday
that Chief Executive Don Mattrick will step down and founder
Mark Pincus will return to head the company.
U.S.-traded shares of Novogen jumped 44 percent after the
Australian drug company said studies confirmed a potential drug
to treat melanoma, a type of skin cancer.
Greece confirmed it will pay a 450 million euro loan tranche to
the International Monetary Fund on Thursday, meeting a deadline
and taking the immediate heat off the cash-strapped country.
Futures snapshot at 7:36 a.m. EDT:
S&P 500 e-minis were unchanged, with 80,357 contracts changing
hands.
Nasdaq 100 e-minis were down 0.25 points, or 0.01 percent, in
volume of 15,987 contracts.
Dow e-minis were up 12 points, or 0.07 percent, with 14,795
contracts changing hands.
(Reporting by Tanya Agrawal)
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