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U.S. stock futures were mixed Thursday morning ahead of several key readings on employment and inflation due out this morning. However, renewed concerns over the European nations' support for Greece in its debt crisis weighed on markets.Stocks closed higher on Wednesday, continuing the steady climb of the past few weeks. But if world markets are any indication, Thursday might open lower as Greece's Prime Minister George Papandreou said his country needs a firmer eurozone bailout plan. He warned his country would not be able to make planned deficit cuts unless it can borrow money cheaply. If it cannot get the euronations help, Greece may have to seek assistance from the International Monetary Fund.
Several economic indicators are on tap Thursday:
- At 8:30 a.m. Eastern, the Consumer Price Index is due and is expected to have risen 0.1% in February after climbing 0.2% the month before, according to Briefing.com. Core CPI, which excludes the often volatile food and energy prices, is expected to have increased 0.1% after falling 0.1% in January.
- At the same time, weekly initial and continuing jobless claims for benefits is due and economists expect it fell last week by 7,000 to 455,000.
- Then, at 10:00 a.m., the Conference Board will release leading economic indicators for February, which is expected to have risen 0.1%, following a 0.3% increase in January.
- Finally, at the same time, the March Philadelphia Fed index, a regional reading of manufacturing activity, may have edged up to 18 from 17.6 last month.
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