U.S. stock index futures indicated a higher open on Thursday, as investors focus on earnings and monitor developments at a NATO summit in Brussels, Belgium.
At around 3:20 a.m. ET, Dow futures rose 111 points, indicating a positive open of 111.55 points. Nasdaq and the S&P 500 futures also suggested positive opens at the start to their respective trading sessions.
Investors seem to be rebalancing their focus toward earnings and data, taking a breather from trade war concerns. Wednesday’s session closed sharply lower after the White House unveiled new tariffs on Chinese goods, worth $200 billion.
On the earnings front, Delta Air Lines and Commerce Bancshares are set to publish results before the bell.
There will be new jobless claims due at 8:30 a.m. ET and inflation numbers due at the same time. Both sets of data will be important to track the health of the U.S. economy and potential equity performance in the coming months.
Politics will also be under the radar as President Donald Trump participates in the second and final day of a NATO summit in Brussels, Belgium. At the start of the meeting, Trump said Germany is “totally controlled” by Russia.
Once the NATO summit is finished, Trump will head to the U.K. to meet the prime minister and Queen Elizabeth II.