Peter Schacknow, Senior Producer, CNBC Breaking News Desk
U.S. stocks continue their oh-for-June streak: the Dow and the S&P 500 have fallen for six straight days, covering each June trading session.
The Nasdaq Composite owns the month's only positive session among the major averages, having edged slightly higher on June 2. Unlike earlier this week, there's plenty of pre-open news for investors to consider this morning.
At 7am ET, the Bank of England will issue its latest interest rate decision, and at 7:45am ET, the European Central Bank will do the same.
The Labor Department's weekly report on initial jobless claims is out at 8:30am ET, with economists expecting the number to drop by 7,000 from last week's reading to 415,000.
The April trade deficit - also out at 8:30am ET - is seen coming in at $48.3 billion, compared to March's shortfall of $48.2 billion.
At 10am ET, April wholesale inventories should register a 1.0% rise, according to consensus forecasts. Inventories had risen 1.1% in March.
At 10:30am ET, the EIA will be out with its weekly report on natural gas inventories, and shortly after 1pm ET, the Treasury will release the results of its $13 billion sale of 30-year bonds.
Texas Instruments (TXN) is a stock to watch this morning: it tumbled after-hours after lowered its guidance for revenue and earnings for its second quarter.
CME Group (CME) is also on our watch list, after chairman Terry Duffy said the company was exploring the possibility of a stock split.
Nokia (NOK) may see some selling pressure today, on news that its chief technology officer had taken a leave of absence, amid reports that he was unlikely to return because of disagreements over strategy.
Citigroup (C) has confirmed a credit card breach at its online unit, giving hackers access to customer data.
However, Citi says only about 1% of customers were affected by the breach, and that social security numbers and card security codes were not compromised.
Talks over a debt ceiling extension continue today, with Vice President Joseph Biden once again leading the discussions with a bipartisan group of lawmakers
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