It’s looking like another wild day for markets.
U.S. stock futures are ticking higher, after oil fears triggered sharp falls and put Wall Street in correction territory Wednesday, but Europe and most of Asia is in the red again.
Here are the five things you need to know before the opening bell rings in New York:
1. More security fears: A terror attack Thursday in the heart of Jakarta, Indonesia, has rattled investors once again.
Asia bounced around all day with Tokyo ending sharply lower, while Shanghai recovered from its own sharp falls.
2. Oil treading water: Oil is a little firmer Thursday morning with crude futures hovering above $30. Oil prices fell under $30 a barrel Tuesday for the first time in 12 years. The uncertainty over oil prices caused energy stocks in the S&P 500 to decline 1.7% Wednesday.
3. Stock market movers — GoPro, Tesco: GoPro shares were down 25% in after hours trading after it reported weaker than expected Q4 revenue and cutting 7% of its workforce.
Tesco had a better than expected Christmas, helping shares in one of the world’s biggest retailers jump more than 5% in a weak London market.
4. Earnings and economics: JP Morgan Chase reports fourth quarter and full year results before the bell. Intel reports after the closing bell.
The weekly U.S. jobless claims report is due at 8:30 a.m. ET from the Department of Labor.
5. International markets overview: European markets are all in the red in early trading, with the main indexes down more than 1%. Asian markets were mixed with the Nikkei closing down 2.7%, after plummeting as much as 4.4%. The Hang Seng in Hong Kong ended 0.6% lower, pulling back from a loss of 2.1% earlier in the day. Shanghai bounced off lows not seen since the crash last summer to close 2% higher.
On Wednesday, the Dow Jones industrial average closed down 2.2%, while the S&P 500 fell 2.5% and the Nasdaq down 3.4%.
