New York - US stock index futures were little changed on Thursday after Wall Street snapped a two-day losing streak, with the market's focus on a batch of economic data including weekly jobless claims.
Weekly jobless claims data is due at 8:30 a.m. ET.
The US bourse is set to open higher as European leaders get ready to meet. Credit: REUTERS
A Reuters survey of analysts expect a reading of 310,000, slightly down from the previous week's 312,000.
Personal income and spending data is also due at 8:30 a.m ET.
Alcoa Inc has agreed to buy aircraft parts maker Firth Rixson from private equity firm Oak Hill Capital Partners for $2.85 billion in cash and stock.
Alcoa shares were up 2.5 percent in premarket trade.
Accenture Plc, a consulting and outsourcing company, reported a 7.5 percent rise in quarterly net revenue, led by faster growth in its consulting business. The stock was down 0.1 percent in premarket trade.
Shares of the wearable sports camera maker GoPro will debut on the Nasdaq after 17.8 million class A shares priced at $24 per share, top end of the expected price range of $21-$24.
The IPO raised about $427.2 million.
S&P 500 e-mini futures were down 1 point and in line with fair value - a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract - indicated a flat open.
Dow Jones industrial average e-mini futures fell 4 points while Nasdaq 100 e-mini futures added 1 points.
US-listed shares of Barclays PLC fell 5 percent in premarket trade after the New York State's attorney general filed a securities fraud lawsuit against the British bank.
The bank is being accused giving an unfair edge in the United States to high-frequency trading clients even as it claimed to be protecting other customers from such traders.
European stocks inched up on Thursday, halting the previous session's sell-off, but Barclays led falls in banking shares.
The European banking sector index shed 0.6 percent.
On Wednesday US stocks rose, led by drugmakers, while a Supreme Court ruling lifted the shares of major broadcasters.
But the S&P 500's gains followed two days of losses, putting the index on track for a decline of 0.2 percent for the week. - Reuters