BY THE NUMBERS

Dow futures were steady Thursday, one day after the 30-stock average wiped out a 110-point loss and climbed 424 points, or 1.4%, to a record closing high. S&P and Nasdaq futures dropped in Thursday's premarket. The tech-heavy Nasdaq on Wednesday erased a 1.3% drop and closed 1% higher. The S&P 500 finished 1.1% higher after recovering from a 0.6% decline. (CNBC)

Two days of reassuring words on interest rates and inflation from Federal Reserve Chairman Jerome Powell helped push stocks higher and tempered bond yield gains Wednesday. But on Thursday, the 10-year Treasury yield rose to 1.45%, around the highest levels in a year. Bitcoin rose 2% early Thursday, back above $50,000. (CNBC)

The government this morning reported 730,000 new filings for unemployment benefits last week, way below estimates, though the numbers may be skewed due to rough winter weather in parts of the country. Nevertheless, that's a huge initial jobless claims drop of 111,000 from the downwardly revised prior week. Despite the decline, the total still was well above anything the U.S. labor market had ever seen prior to the coronavirus pandemic. (CNBC)

* Best Buy sees weakening sales and expects that to continue (CNBC)
* Papa John's restructuring costs a blow to earnings but pizza demand still strong (CNBC)
* Victoria's Secret owner L Brands beat on earnings, issued strong outlook (CNBC)
* Virgin Galactic replaces CFO, adds new leadership ahead of earnings report (CNBC)