Economic data will likely set the tone again on Thursday. The government will report before the market opens on the number of people who applied for unemployment benefits for the first time last week. Economists expect that applications fell to 419,000.
A separate report later in the morning will detail U.S. factory orders for April. Major retailers are also reporting sales results for May throughout the morning.
Ahead of the opening bell, Dow futures are up 25, or 0.2 percent, to 12,229. S&P 500 futures are up 3, or 0.2 percent, to 1,315. Nasdaq 100 futures are up 9, or 0.4 percent, to 2,328.