The Commerce Department is to release the revised gross domestic product report for 1Q at 8:30 a.m. Thursday. Economists expect a 3.6% annual rate of GDP growth in 1Q, up versus the advance estimate of 3.1%, due to a narrower trade deficit.

The Labor Department is expected to release jobless claims data for the week ended May 21 at 8:30 a.m. Thursday. Economists see jobless claims to grow by 4,000 to 325,000 in the week.

Oil prices remain above $51 a barrel, with U.S. crude up 5 cents to $51.03, after an increase of 2.6% Wednesday.

S&P 500 futures were 3.2 points up, Dow Jones industrial average futures were 36 points higher, while Nasdaq 100 advanced by 4.5 points.

Asian benchmarks finished mixed Thursday after higher crude-oil prices and worries over inflation and the pace of interest-rate increases snapped a winning streak for U.S. equities.

But data on U.S. durable goods orders helped select tech stocks, and helped lift some benchmarks into positive territory.

The Nikkei 225 Average ended up 0.1%, or 13.51 points, at 11027.94, following its 119.22-point drop Wednesday.

The broader Topix of all Tokyo Stock Exchange first section issues fell 0.1%, or 1.20 points, to 1,123.50.

European benchmark stock indexes were higher Thursday. The German DAX 30 index advanced 0.48% at 4,410, the French CAC 40 index gained 0.57% at 4,123 and the U.K. FTSE 100 index added 0.54% at 4,998.

The dollar gained ground vs. major currencies Thursday. The euro bought $1.2564 in European trading, down vs. $1.2606 in New York late Wednesday. The British pound declined to $1.8281 vs. $1.8322, while the greenback gained to 107.92 Japanese yen versus 107.69 yen.

Costco Wholesale's fiscal 3Q profits advanced 5.6% as same-store sales increased 7%. Costco posted net income of $209.8 million, or 43 cents a share, up versus $198.7 million, or 42 cents a share, a year earlier, beating forecasts by a penny. Revenue grew 10% to $12 billion.

The home builder Toll Brothers reported Thursday 2Q earnings more than doubled due to strong demand. Toll Brothers reported net income of $170.1 million, or $2.01 a share, up versus $72.4 million, or 89 cents a share, a year earlier. This was ahead of analysts' estimates of $1.79 a share. The company sees profits for the full year to increase about 70%.

Expected to report Thursday are HJ Heinz, Hormel Foods, TiVo, Computer Associates, Toronto-Dominion Bank, Dollar General, Chico's FAS, National Bank of Canada, and Tech Data.