US futures inched higher Thursday as markets showed signs of recovery in the wake of the Federal Reserve decision in the previous session.
Oil prices posted sizable losses with global benchmark Brent crude down 2.8%, while US crude West Texas Intermediate crude was down 3.3% recently on worries about oversupply and slowing economic growth.
At 8:30 am, data are expected to show new unemployment claims rising 14,000 to a consensus of 220,000 for the Dec. 15 week. The Philadelphia Fed's general business conditions index is expected to come in at 16.5 for December from the previous level of 12.9, according to data compiled by Econoday.
At 10 am, forecasters see no change in the index of leading economic indicators for November as compared with a marginal 0.1% increase in October.
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