Updated from 7:10 a.m.
NEW YORK (TheStreet) -- Here are 10 things you should know for Thursday, May 14:
1. -- U.S. stock futures were rising ahead of jobless data and after weak retail numbers left stocks flat Wednesday.
European stocks were little changed in thin volumes on Thursday on a public holiday in much of continental Europe.
Asian stocks were mixed. The Hang Seng in Hong Kong rose, but mainland Chinese indices were mixed. Japanese stocks sank.
2. -- The economic calendar in the U.S. on Thursday includes initial jobless claims data at 8:30 a.m., the Producer Price Index (Final Demand) from the Bureau of Labor Statistics at 8:30 a.m., and the Bloomberg Consumer Comfort Index at 9:45 a.m.
3. -- U.S. stocks on Wednesday closed near flat as weak retail and business inventory data left investors uninspired and unsure of when the Federal Reserve might raise interest rates.
4. -- DuPont (DD) shareholders rejected a slate of four proposed board members from Trian Fund Management, the activist fund headed by Nelson Peltz. The move is a rebuke of Peltz's proposals for DuPont and a strong vote for the existing management. It's also a rejection of the advice of Institutional Shareholder Services and Glass Lewis, both proxy advisors. Although the Wall Street Journal described the vote with the headline "Capitalism Wins at DuPont," the stock nevertheless dropped 6.8% Wednesday.
In premarket trading, DuPont stock was rising by 0.68%.
5. -- Jobless claims numbers were better than expected, with 264,000 new unemployment claims last week. Econoday estimated that about 276,000 new unemployment claims were initiated last week, up from 265,000 last week. The four-week moving average of jobless claims has been decreasing for years, suggesting a strengthening economy. The average is now at a 15-year low.
If the jobless claims rate continues to sink, the Federal Reserve will be more likely to raise interest rates in the near term.
6. -- Chinese e-commerce and online payments site Alibaba (BABA) will be looking to expand more outside of China. The company's new CEO Daniel Zhang said, "We must absolutely globalize," according to Alibaba's news site Alizila. The company has said Brazil and Russia are markets of particular interest, and it is looking to grow in India.
In premarket trading, Alibaba was rising by 0.32%.
7. -- Big-box retailer Wal-Mart (WMT) is expanding its emphasis on its Web site and pushing back against online retail rival Amazon (AMZN). Wal-Mart is launching an invitation-only $50-a-year delivery service in what looks like a counterpoint to Amazon's $99 Prime service, which includes free delivery and other perks like access to online TV shows and movies.
Although Amazon doesn't break out numbers for its Prime service, it's estimated that about 35 million people are members.
In premarket trading, Wal-Mart stock was rising by 0.35%. Amazon was rising by 0.54%.
8. -- U.S. government bonds fell even more, pushing up yields to 5-month highs. A selloff in German debt is also having ripple effects in the U.S. bond market. Bond prices had been bid up, but many investors seemed to conclude that valuations were too high.
The Treasury is selling $16 billion more in 30-year bonds Thursday.
9. -- Coffee brewer Starbucks (SBUX) is trying to fend off hackers from breaking into its app and spending its users' money. If a hacker can crack a user password, he or she can use a victim's Starbucks account to buy gift cards. Such scams may become more common as more companies shift to mobile payments.
Starbucks stock was up 0.83% in premarket trading.