Here are 10 things you should know for Thursday, June 19:
1. -- U.S. stock futures were rising marginally on Thursday after the Federal Reserve signaled that interest rates would remain at record lows for a "considerable time."
European stocks rose while Asian stocks ended Thursday's session mixed. Japan's benchmark Nikkei 225 jumped 1.6%.
2. -- The economic calendar in the U.S. on Thursday includes weekly initial jobless claims at 8:30 a.m. EDT, the Philadelphia Fed Index for June at 10 a.m., and leading indicators for May at 10 a.m.
3. -- U.S. stocks on Wednesday finished with gains after remarks from the Federal Open Market Committee infused U.S. markets with renewed vigor. The S&P 500 booked a new record high, fueled by the Fed's assurances the economic recovery still has legs.
The S&P 500 rose 0.77% to 1,956.98 and the Dow Jones Industrial Average gained 0.58% to 16,906.62. The Nasdaq rose 0.59% to close at 4,362.84.
4. -- The board of American Apparel (APP) voted to oust founder Dov Charney as chairman and notified him of its intent to remove him as president and CEO, following a contractually required 30-day period before he can be terminated.
The board's statement said that the proposed firing is for cause, and cited an "ongoing investigation into alleged misconduct," without giving details.
Charney has been the subject of several lawsuits alleging inappropriate sexual conduct with female employees. He has acknowledged having sexual relationships with workers, but said they were consensual.