NEW YORK -- Markets didn't do much yesterday, but another dose of earnings reports and economic data is teed up for Thursday.
Credit Suisse's fourth quarter net profit came in lower than analysts were expecting, due to a fall in investment bank earnings, but its shares held steady after it pledged to cut costs by a further 400 million Swiss francs.
Earnings from Sprint Nextel are expected before the opening bell. LinkedIn headlines the group up after the close.
U.S. stock futures were little changed ahead of the opening bell.
European markets were also flat ahead of meetings of the European Central Bank and Bank of England. Neither is expected to change monetary policy Thursday but ECB President Mario Draghi is likely to be quizzed about political strains in the eurozone and the euro's strength.
On the economic front, the government releases its weekly report on initial jobless claims at 8:30 a.m. ET, as well as data on fourth-quarter productivity. In the afternoon, the Federal Reserve will release data on consumer credit for December.
U.S. stocks finished little changed Wednesday, as investors weighed concerns about Europe against the latest corporate results.
Green Mountain Coffee Roasters said Wednesday afternoon that it earned 72 cents per share in the fourth quarter, topping analysts' prediction of 65 cents. Still, shares fell sharply after hours.
Yelp reported a larger-than-expected loss of $5.3 million, or 8 cents per share, in the fourth quarter. Shares of the online ratings site fell 5% in extended trading.
News Corp. said it earned 44 cents per share in the fourth quarter, excluding various charges, matching analysts' expectations but sending shares lower in after-hours trading.
Asian markets ended in the red. The Shanghai Composite dropped 0.7%, the Nikkei declined 0.9% and the Hang Seng lost 0.4%.
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