Unchanged as Jobless Claims Fall and Greece Finds Support

The equity markets are nearly unchanged in morning action as traders react to a larger-than-expected decline in weekly initial jobless claims and are showing little enthusiasm to the European Union's announcement that is has agreed to offer some help to Greece, as details of a plan still have not been released. Treasuries are lower following the employment report. In equity news, PepsiCo reported 4Q earnings that came up just shy of analysts' forecasts and its revenues matched expectations, while Activision Blizzard and Viacom Inc. both topped the Street's forecasts. Overseas, Asia moved higher amid some favorable data, and Europe is mostly in the green amid a plethora of earnings reports and as traders react to the support for Greece.