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Futures pointed to a higher open on Wall Street Thursday but pared gains after a report showed jobless claims rose last week.
- Dow 30: Extended Hours Quotes
- Pre-Markets/Futures Data
Initial jobless claims rose by 27,000 last week. The four-week moving average declined slightly but continuing claims shot up to a record 6.137 million.
Still to come, existing-home sales are due out at 10 a.m. ET.
The Nasdaq is likely to get a boost at the start thanks to strong results from Apple [ AAPL 224.45 
+0.61 (+0.27%) ] after the bell Wednesday. Sales of the technology giant’s iPhones and iPods topped forecasts, sending shares up more than 4 percent in premarket trading.
At the same time, the indexes all are set to benefit from earnings at Fifth Third [ FITB 13.42 +0.04 (+0.30%) ] bank, which reported a loss of 4 cents a share that nonetheless came in less severe than analyst estimates of 27 cents. The beat pushed shares up about 12.5 percent premarket.
Stocks suffered a late-session slump Wednesday. The Dow Jones Industrial Average and S&P 500 both closed lower. The Nasdaq managed to just stay in positive territory at end of trading.
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