Stocks set for shaky open
Investors uneasy amid market gyrations; Credit Suisse warns, FedEx due to post earnings.
LONDON†(CNNMoney.com) -- U.S. stock futures pointed to a weak open for stocks Thursday as investors remained unsettled by the credit crisis and awaited earnings from FedEx.
At 4:51 a.m. ET, Nasdaq and S&P futures were a shade higher, suggesting a lackluster start for Wall Street.
Stocks have been on a volatile course. The major gauges surged on Tuesday after the Federal Reserve delivered another hefty rate cut, but gave back nearly all of those gains Wednesday.
In global trade, European shares fell in early trading after Swiss bank Credit Suisse warned it would not be profitable in the first quarter.
Asian stocks finished mixed. Markets in Japan were closed for a holiday.