US stock futures are mixed in Thursday's premarket session as investors look ahead to key employment and manufacturing data coming out later in the morning.

Dow Jones Industrial Average futures were down 1.4%, S&P 500 futures were up 0.6%, and Nasdaq futures were rising 0.8%.

Oil prices were moving sharply higher, with front-month global benchmarks North Sea Brent crude up 1.3% at $66.68 per barrel and US West Texas Intermediate crude gaining 1.4% at $62.68 per barrel.

Initial weekly jobless claims figures, scheduled to be released at 8:30 am ET by the Department of Labor, are expected to rise to 225,000 from 223,000 the previous week, according to Bloomberg.

And the Philadelphia Federal Reserve Manufacturing Index, which gauges the relative health of the manufacturing sector, is expected to decelerate sharply to 2.2 in April, from 12.5 in March.

In equities, shares of Baijiayun Group (RTC) soared 71% in Thursday's premarket session after it said late Wednesday it has teamed up with Beijing Xinlantian Education Technology to create artificial intelligence-driven rehabilitation programs for children with autism. Shares of SMX (SMX) surged 49%, adding to a 4.3% gain the previous session.

On the losing side, shares of Twin Hospitality Group (TWNP) plunged 49% after a 39% gain on Wednesday. Dare Bioscience' (DARE) stock tumbled 20%, adding to a 1.4% loss the previous session. And shares of UnitedHealth Group (UNH) dropped 20% after it reported Q1 earnings and revenue that missed analyst forecasts, and lowered its adjusted EPS guidance for 2025.