Futures for the S&P 500 were flat after a volatile session in Wednesday's session.
"It's no doubt changing the landscape of how we as investors look at the investability of financial institutions that fit in the banking sector," said Keith Buchanan, portfolio manager at GLOBALT Investments. "It also makes us ponder just how the sector would navigate with, in the future, more forms of regulatory pressure on these corporations."
Buchanan continued, "There's a race again for safe havens, particularly U.S. Treasuries. And you know, there's a notion now, on a mixed note at that the Federal Reserve meeting next week, [they'll] have perhaps have [a] less hawkish tilt to their action and rhetoric." Traders will keep an eye out for key economic data, including the latest jobless claims report. Housing starts data from the U.S. Census Bureau is also out at 8:30 a.m. ET.
Dollar General and Jabil are set to report earnings on Thursday before the bell. FedEx will be announcing its earnings upon market close.U.S. stock futures were mixed on Wednesday night after investor fears of a widespread banking crisis led to a volatile trading session.
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