Futures pointed toward another day of declines for U.S. stocks as Wall Street waits data on jobless claims and economic activity along with another wave of corporate earnings.
Traders also continue to watch the decline of the euro, which fell 0.6% overnight to $1.2340 after partially recovering on Wednesday.
As of 7 a.m. in New York, the Dow Jones Industrial Average futures fell 65 points, or 0.63%, to 10340, the S&P 500 futures fell 7.5 points to 1102.40 and the Nasdaq 100 futures lost 16 points to 1852.25.
Once again, the decline of the euro was putting pressure on European markets and commodities in Thursday trading. The continent's major averages were down 0.3% - 0.9%, with Germany leading losses.
Oil was down 1.5% to $68.85 a barrel and gold was lower by 0.7% to $1,184.50 a troy ounce.
Today's earnings schedule consists of mostly retailers, including results from Williams-Sonoma (WSM: 28.41,0, 0%), Gap Inc. (GPS: 22.21, 0, 0%), Staples (SPLS: 21.54, 0, 0%) among others. After the closing bell PC maker Dell (DELL: 14.98, 0, 0%) and video game retailer GameStop (GPS: 22.21, 0, 0%) are scheduled to report earnings.
Wall Street will get weekly jobless claims at 8:30 a.m. ET followed by the Philadelphia Fed's activity index at 10 a.m. Economists surveyed by Thomson Reuters expect initial claims fell by 5,000 to 439,000 while the Philly Fed index climbed to a reading of 20.7.
On Wednesday, the Dow fell 66.58 points, or 0.63%, to 10444.37, the Standard & Poor's 500 lost 5.75 points, or 0.51%, to 1115.05 and the Nasdaq Composite dropped 18.89 points, or 0.82%, to 2298.37. The FOX 50 slid 3.27 points, or 0.40%, to 819.74.
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