Major business events and economic events scheduled for Thursday:
WASHINGTON _ Labor Department releases weekly jobless claims, 8:30 a.m.
WASHINGTON _ Commerce Department releases retail sales data for December, 8:30 a.m.
WASHINGTON _ Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.
WASHINGTON _ Commerce Department releases business inventories for November, 10 a.m.
WASHINGTON _ Treasury releases federal budget for December, 2 p.m.
FRANKFURT, Germany _ European Central Bank's governing council meets to set interest rates for the eurozone.
LONDON _ Bank of England's monetary policy committee meets to set UK interest rates.
BEIJING _ China releases December inflation data.
TOKYO _ U.S. Treasury Secretary Timothy Geithner holds news conference with his Japanese counterpart.