Markets are looking relatively upbeat Thursday as investors wait for U.S. jobs data and central bank news from Europe, but Twitter shareholders aren’t feeling so chipper.
Shares in Twitter were down 17% pre-market after the company released its first quarterly results since going public last year. Investors were disappointed a forecast of slower sales growth.
Overall, U.S. stock futures were ticking slightly higher ahead of the opening bell.
The European Central Bank will announce its latest policy decision at 7:45 a.m. ET, with ECB president Mario Draghi speaking at a press conference at 8:30.
Also at 8:30, the U.S. government will release its weekly report on initial jobless claims.
Investors are waiting for Friday’s monthly non-farm payroll data, which should give a good overview of the current state of the U.S. job market.
Sony may get a boost in New York trading. Shares edged higher in Japan as the company announced a series of major changes after warning it would make a loss of $1 billion this year.
Sony is selling its loss-making Vaio PC unit, spinning out its television business and cutting 5,000 jobs.
Shares in Credit Suisse look set to fall by about 3% after the bank’s profits came in weaker than expected.
Investors are also waiting for AOL to release quarterly results before the opening bell, while LinkedIn is up after the close.
Shares of Green Mountain Coffee Roasters soared 40% in after-hours trading on news that the firm is partnering with Coca-Cola on its forthcoming cold-beverage-brewing system. SodaStream, which will face competition from the new product, fell 9% following the announcement.
U.S. stocks finished flat Wednesday.
European markets were moving up in morning trading, while Asian markets mostly ended with gains, though the Nikkei in Japan dipped slightly lower.
