Here are 10 things you should know for Thursday, Jan. 9:
1.-- U.S. stock futures were trading slightly lower Thursday, following Asian shares to the downside on worries the Federal Reserve will move more quickly than expected to wind down stimulus for the U.S. economy.
European shares were flat early Wednesday. Japan's Nikkei 225 index declined 1.5%.
2.-- The economic calendar in the U.S. Thursday includes weekly initial jobless claims at 8:30 a.m. EST.
3.-- U.S. stocks on Wednesday stumbled as minutes of the most recent Fed meeting revealed vigorous debate before policymakers decided to cut stimulus, adding to speculation that the central bank will continue to reduce the bond-buying that has helped to underwrite equities for the past 18 months.
The S&P 500 closed little changed at 1,837.49, while the Dow Jones Industrial Average fell 0.41% to finish at 16,462.74. The Nasdaq added 0.3% to 4,165.61.
4.-- Dish Network
(DISH - Get Report) is officially pulling its bid for LightSquared, the bankrupt telecommunications company, The Wall Street Journal reported.
Dish had coveted LightSquared's wireless spectrum.
Dish, the satellite TV provider, offered $2.2 billion for LightSquared last year. Dish is expected to announce the termination of the offer as early as Thursday.
5.-- Executives from Apple (AAPL) and Samsung agreed to meet to discuss settling a bitter two-year legal battle over designs and technologies of smartphones and tablets.
The retailer said it will reassign or transfer some employees as it reorganizes to maintain profitability. It will keep its work force level at about 175,000 workers.
Macy's said the moves will save it $100 million a year; it also forecast 2014 profit above Wall Street's forecasts. Separately, Macy's said same-store sales in November and December rose 3.6%, Same-store sales climbed 4.6% when including third parties. 9.-- Asset manager BlackRock (BLK) agreed to end its analyst survey program as part of a settlement reached Wednesday with the New York Attorney General's office. The agreement stems from an investigation by New York Attorney General Eric Schneiderman into the early release of Wall Street analyst sentiment. BlackRock agreed to pay $400,000 for the cost of the investigation, but no fine or penalty, and to cooperate in any investigation related to the probe, Reuters reported.
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