NEW YORK (CNNMoney)
The ECB is facing growing pressure to do more to stimulate the eurozone economy as risks of deflation rise and the euro remains strong.
"As a minimum many investors are looking for at least something from the ECB today, even if it's nothing more than a line in the sand, a condition of some sort that has to be met before easing can occur or to give it its more fashionable term -- forward guidance," said Angus Campbell, senior analyst at FxPro.
European markets were mixed and U.S. stock futures little changed.
U.S. stocks made gains Wednesday. The S&P 500 closed at a new record high, its eighth of the year. The Dow Jones Industrial Average just missed closing at a new record, falling short by a mere three points, and the Nasdaq also closed higher.
Related: Fear & Greed Index
Investors are also turning their attention to Friday's much anticipated March unemployment report. They'll get another readout on the labor market Thursday when the Labor Department publishes jobless claims at 8:30 a.m. ET.
Shares of Tesla (TSLA) rose in after-hours trading on news that it's appealing New Jersey's decision to ban direct car sales in the state.
Related: CNNMoney's Tech30
Asian markets ended mixed, shrugging off news of a mini-stimulus package in China. After an initial boost, the Shanghai Composite closed 0.7% lower. Hong Kong's Hang Seng finished narrowly firmer.
First Published: April 3, 2014: 5:32 AM ET
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