NEW YORK (CNNMoney)
The Dow Jones industrial average, the S&P 500 and the Nasdaq declined 0.1% in the early going.
On the economic front, weekly initial jobless claims came in at 366,000, down 5,000 from the previous week but above forecasts.
Meanwhile, the nation's business productivity dropped 2% in 2012's fourth quarter, according to the Bureau of Labor Statistics, which was more than economists were expecting.
In the afternoon, the Federal Reserve will release data on consumer credit for December.
Related: Insiders bailing on Dow 14,000
In corporate news, shares of Apple (AAPL, Fortune 500) rose after activist investor David Einhorn publicly called for Apple to give some of its $137 billion cash hoard to back to shareholders in the form of preferred stock.
Sprint Nextel (S, Fortune 500) shares edged lower after the cell phone carrier reported a fourth-quarter loss in line with expectations.
Shares of Sony (SNE) dropped after the electronics manufacturer reported a surprising third -quarter loss.
Alcatel Lucent (ALU) posted another quarterly loss, yet shares rose on news that CEO Ben Verwaayen is resigning from his post.
Akamai Technologies (AKAM) shares plunged after the company, which provides Internet content delivery, cut its revenue forecasts.
Shares of Macy's (M, Fortune 500) rose following the retailer's announcement that same-store sales rose 11.7% in January.
Shares of Blackberry (BBRY) gained ground after the smartphone maker said the Canadian launch of its new Z10 smartphone was its best launch ever.
Related: Fear & Greed Index still in extreme greed
Green Mountain Coffee Roasters (GMCR) shares tumbled Thursday morning after the company issued a weak outlook for sales growth.
News Corp. (NWSA, Fortune 500) reported earnings that matched analysts' expectations Wednesday but shares declined on the company's downbeat earnings guidance for the year.
LinkedIn (LNKD) headlines the group of companies reporting after markets close.
U.S. stocks finished little changed Wednesday, as investors weighed concerns about Europe against the latest corporate results.
European markets were mixed on a day of meetings at the European Central Bank and Bank of England. Both the ECB and the British central bank kept interest rates unchanged. ECB President Mario Draghi is likely to be quizzed about political strains in the eurozone and the euro's strength.
Asian markets ended in the red. The Shanghai Composite dropped 0.7%, the Nikkei declined 0.9% and the Hang Seng lost 0.3%. 
First Published: February 7, 2013: 9:52 AM ET
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