The Market On Thursday

  Good morning. It is 36 degrees and sunny here in Upstate NY. The forecast predicts a solid Spring day in the 60s with sunshine. We'll take it. Later this afternoon I plan on hitting the mean suburban streets for a lengthy jog and with a little bit less than the 6 layers of clothing I've gotten used to wearing through the Winter. Now that's freedom.

  At 8:45 a.m. ET futures are slightly lower and the price of oil per barrel is down. The market is poised to open lower.

  I am now reading that first time jobless claims for the last week has fallen to a 7 year low of 300,000. That's good news and might push things into the green. Otherwise investors are reacting to less than stellar corporate first quarter reports this morning. The Fed helped things pop on Wednesday preaching super low interbank lending rates. That excitement is now history.

CNN: Stocks: Third day of gains at risk

...latest Federal Reserve meeting seemed to indicate that interest rates will remain low for some time.

Investors across Europe are watching as Greece returns to the bond market for the first time in more than four years.