US equity futures were little changed pre-bell Thursday as traders digested a deluge of corporate earnings.
The Dow Jones Industrial Average futures increased 0.1%, S&P 500 futures gained 0.3%, while Nasdaq futures flatlined.
Eli Lilly (LLY) and Philip Morris (PM) both reported pre-bell higher Q4 adjusted earnings and revenue. Meanwhile, Amazon (AMZN) is scheduled to report after the closing bell.
Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.4% at $74.94 per barrel and US West Texas Intermediate crude up 0.6% at $71.44 per barrel.
New unemployment claims, scheduled for release at 8:30 am ET, are expected to rise to 214,000 in the week ended Feb. 1 from 207,000 in the previous week, according to estimates compiled by Bloomberg. Nonfarm productivity is expected to have risen by 1.5%, while unit labor costs are expected to have risen by 3.4% in Q4.
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