Morning Briefing: 10 Things You Should Know
NEW YORK (TheStreet) -- Here are 10 things you should know for Thursday, March 28:
1. -- U.S. stock futures were pointing to a slightly higher open on Thursday as uncertainties over the reopening of Cyprus' banks weighed on investors' minds ahead of the forecasts for economic data from the United States.
European markets were rising on Thursday. Asian markets closed lower.
2. -- The economic calendar in the U.S. Thursday includes initial jobless claims at 8:30 a.m. EDT, the third estimate of fourth-quarter gross domestic product at 8:30 a.m., and Chicaho PMI for March at 9:45 a.m.
3. -- U.S. stocks on Wednesday closed near the flatline as U.S. housing demand outpaced supply and worries about Cyprus lost steam.
The S&P 500 closed down 0.06% to 1,562.85, near its all-time high of 1,565 set in October 2007.
The Dow Jones Industrial Average lost 0.23% to 14,526.16 while the Nasdaq gained 0.12% to 3,256.52.
4. -- BlackBerry
TheStreet is live-blogging BlackBerry's results Thursday morning.
4. -- Red Hat
The open source software company posted adjusted earnings of 36 cents a share in the quarter on revenue of $348 million, an increase of 17% year over year. Analysts were looking for earnings of 30 cents a share on revenue of $349.4 million.
5. -- eBay
6. -- Analysts expect Accenture