Investing.com - U.S. stock index futures rose on Thursday as investors await key economic data and earnings reports.
S&P 500 futures were up 0.66%, Nasdaq 100 futures advanced 0.82% and the Dow Jones futures rose 0.35%.
Global stocks rebounded from two days of losses after disappointing economic data and earnings reports gave investors hope that the Federal Reserve would hold off on raising interest rates any time soon.
U.S. stocks had closed lower on Wednesday as Wal-Mart (N:WMT) shares saw their steepest one-day decline in 25 years after issuing a weak profit forecast.
Investors will scrutinize earnings reports over the next several weeks to gauge the impact of a slowing global economy on U.S. companies.