Updated from 6:41 a.m. EDT
Here are 10 things you should know for Friday, April 11:
1.-- U.S. stock futures were trading flat Friday and global shares were falling following Wall Street's selloff on Thursday, which was led largely by a drop in technology shares.
Japan's Nikkei 225 closed lower by 2.4%. Hong Kong's Hang Seng finished 0.8% lower.
2.-- The economic calendar in the U.S. on Friday includes the Producer Price Index for March at 8:30 a.m. EDT, and the University of Michigan Sentiment Index for April at 9:55 a.m.
3.-- U.S. stocks on Thursday fell sharply as a two-day recovery was stopped short by heavy selling of high-momentum names in the technology and biotech sectors. The losses came even as data showed improvement in labor market conditions.
The Dow Jones Industrial Average closed down 1.62% to 16,170.22 while the S&P 500 ended 2.09% lower at 1,833.08 -- both indices suffered their biggest falls in two months. The Nasdaq was the worst hit, posting its biggest decline since November 2011. The index dropped 3.1% to 4,054.11.
4. -- Health and Human Services Secretary Kathleen Sebelius plans to resign Friday and President Obama will nominate his budget director, Sylvia Mathews Burwell, as her replacement.
Sebelius' resignation comes just a week after registrations closed for the first year of insurance coverage under the Affordable Care Act, or so-called Obamacare.
Sebelius' resignation comes after months of speculation that she would resign over the rocky implementation of the health care law, The Wall Street Journal noted.
5. -- JPMorgan Chase (JPM) reported first-quarter earnings of $1.28 a share, down from $1.59 a share a year earlier.
Revenue in the quarter was $22.99 billion, down from $25.12 billion in the year-earlier quarter.
Analysts were looking for earnings of $1.40 a share on revenue of $24.53 billion.
The stock was down 3.6% in premarket trading to $55.32.
6. -- Wells Fargo (WFC) reported earnings of $1.05 a share in the first quarter. Analysts were looking for profit of 97 cents a share.
Revenue was $20.6 billion, in line with forecasts.
Wells Fargo shares fell 0.5% to $47.45.
7. -- Boeing (BA) is moving about 1,000 of its customer support jobs out of Washington and into Southern California.
The company said Thursday that it is centralizing its customer support to its engineering design center in Southern California. It already employs 1,800 people at its Long Beach and Seal Beach sites there.
Boeing said the employees in the Puget Sound region affected by the decision will be given the chance to apply for jobs in California or elsewhere in the company.
Boeing shares fell 0.5% in premarket trading to $123.
8. -- Google (GOOG) plans to sell a limited number of the "Explorer" version of Glass to any U.S. resident who places an online order for the device beginning at 9 a.m. PDT on April 15.
The product will cost $1,500, the same price that Google has charged for Glass since sales of the device began last year.
Google shares fell 0.2% in premarket trading.
9. -- Family Dollar (FDO) said it will cut jobs and close about 370 underperforming stores as it tries to reverse sagging sales and earnings. The discount store operator also will permanently lower prices on about 1,000 basic items.
The company didn't provide details on how many jobs it would cut.
10. -- Samsung's Galaxy S5 smartphone goes on sale Friday around the globe. It will cost about $200 with a two-year service agreement.
-- Written by Joseph Woelfel