Here are 10 things you should know for Friday, March 11:
1. -- U.S. stock futures rose Friday and European shares gained after investors further digested stimulus moves made by the European Central Bank.
The ECB introduced more stimulus to revitalize the eurozone economy on Thursday, lowering the benchmark interest rate to zero, while cutting its deposit rate to minus 0.4%. The central bank also expanded its monthly asset purchases to 80 billion euros, beginning next month.
Asian stocks ended Friday's session with gains. The Shanghai Composite Index in mainland China finished up 0.2%.
Oil prices in the U.S. rebounded, rising 2.5% to $38.77 a barrel.
2. -- The economic calendar in the U.S. Friday includes Export and Import Prices for February at 8:30 a.m. EST.
3. -- U.S. stocks on Thursday started the day with a rally before plummeting to heavy losses by midday. But benchmark indexes recovered to just below the flatline by day's end. The S&P 500 rose 0.02%, the Dow Jones Industrial Average fell 0.03%, and the Nasdaq was down 0.26%.
Investors on Thursday fretted over oil prices and global monetary policy following stimulus measures from the ECB.
Columbia owns 15,000 miles of energy pipelines plus significant natural-gas storage and processing infrastructure.
The deal would come even as TransCanada is seeking in excess of $15 billion from the U.S. government in an international arbitration case related to the defeat of the Keystone XL Pipeline. It also has filed a case in U.S. courts claiming the Obama administration's moves to block Keystone XL were unconstitutional.
5. -- A decision to reset the password on an iCloud account associated with one of the San Bernardino attackers didn't effectively thwart the investigation into the shooting, FBI officials said in a court filing as part of the Justice Department's ongoing encryption dispute with Apple(AAPL) - Get Report , The Associated Press reported.
In a sworn declaration submitted Thursday, Christopher Pluhar, an FBI agent involved in processing the evidence, said the password reset didn't harm the investigation. The iPhone of Syed Farook, who along with his wife killed 14 people in the Dec. 2 shootings, was found powered off. It had the iCloud backups turned off for his mail, photos and notes, and aren't believed to be complete, Pluhar said. And even with a full set of backups, the Justice Department said, the government would still have needed to search the phone "in order to leave no stone unturned" in the investigation.
The statement is aimed at rebutting earlier claims from Apple that said that if the FBI hadn't changed the iCloud password, its engineers could have helped investigators use a known -- and therefore trusted -- wireless connection to trick the iPhone from automatically backing up to iCloud, the Associated Press reported.
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"I wouldn't be afraid to do a big deal," CEO Gregory Hayes said at an investor meeting on Thursday. But "it's got to be something that's actionable ... and the regulatory hurdles have to be manageable."
Hayes said there was appetite in United Technologies' commercial businesses, including elevators, fire and security systems, and possibly its aerospace systems business, to make a sizable acquisition.
United Technologies shot down a recent approach from Honeywell because the deal faced "very real" obstacles from regulators and customers, Hayes said, Reuters reported.
7. -- Tesla Motors(TSLA) - Get Report said it will "vigorously defend" against a lawsuit filed by the Virginia Automobile Dealers Association that seeks to keep the electric carmaker from opening and operating a second company-owned dealership in Virginia, Reuters reported.
Tesla has sought to open its own stores in several states despite franchise laws that, in most cases, do not allow a manufacturer to own and operate an auto dealership.
Tesla in an emailed statement to Reuters said the VADA lawsuit "is entirely without merit."
"Tesla has always complied with the terms of the parties' settlement agreement" reached in 2013 that allowed the carmaker to open a dealership in northern Virginia, the company said. A Tesla dealership opened in February 2015 in Tysons Corner, a suburb of Washington.
8. -- State Street(STT) - Get Report said its chief financial officer, Michael W. Bell, will step down from his role within the next year.
Bell has held the role for almost three years and will continue to serve as financial chief until a successor is appointed.
Comparable-store sales in the quarter jumped 12.5% driven by an 8.6% rise in transactions and a 3.9% increase in average ticket value.