Wall Street Aims To Open Lower
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Jobless Claims, Housing Starts data, Import and Export prices, as well as Philadelphia-area Manufacturing activity, are the major economic announcements on Thursday.
Earnings also might get special attention. Walmart s fourth-quarter comp sales were up 8.6 percent. Total revenue increased 7.3 percent to $152.1 billion from $141.7 billion in the prior year. On a per-share basis, earnings were $4.75, and on an adjusted basis earnings were $5.48.
Asian shares closed mostly lower, while European shares are trading down.
Early signs from the U.S. Futures Index suggest that Wall Street might open broadly lower.
On the earnings front, retail giant Walmart (WMT) is among the companies scheduled to their quarterly results before the start of trading on Thursday.