Markets aren’t doing too much early in European trading.
Britain’s FTSE 100 is down 0.2%.
France’s CAC 40 is flat.
Germany’s DAX is down 0.1%.
Spain’s IBEX is down 0.2%.
Italy’s FTSE MIB is down 0.3%.
This follows Wednesday’s 162-point rally in the Dow.
Later today, we’ll get the latest weekly tally of initial unemployment insurance claims and monthly business outlook from the Philadelphia Federal Reserve.