Morning Briefing: 10 Things You Should Know
NEW YORK (TheStreet) -- Here are 10 things you should know for Thursday, Sept. 12:
1. -- U.S. stock futures were pointing to a lower open for Wall Street on Thursday, following muted trading in Asia ahead of next week's Federal Reserve meeting.
European stocks were trading slightly to the downside. Japan's Nikkei 225 index declined 0.3%.
2. -- The economic calendar in the U.S. Thursday includes weekly initial jobless claims at 8:30 a.m. EDT, export and import prices for August at 8:30 a.m., and the Treasury budget for August at 2 p.m.
3. -- U.S. stocks on Wednesday headed in different directions as investor disappointment in Apple's
The tech-heavy Nasdaq dropped 0.11% to 3,725.01 as Apple shares fell 5.4% to $467.83.
The S&P 500 gained 0.31% to 1,689.13 while the Dow jumped 0.89% to 15,326.60.
4. -- Pandora
McAndrews may bring a strong set of skills to Pandora, which appears to be at a turning point as the business grows its scale amid competitive threats from far larger technology firms such as Apple and Google
5. -- Yahoo!
6. -- Dell
Meanwhile, Standard & Poor's Ratings Services on Wednesday lowered Dell's corporate credit rating to "BB-" from "BBB," dropping it out of investment grade, citing the continued effects of the slump in PC demand and the possibility the PC maker could soon go private.
7. -- The Federal Trade Commission said Wednesday that it had begun an inquiry into whether Facebook's
Under that agreement, The New York Times reported, the social network is required to get the explicit consent of its users before exposing their private information to new audiences.