Stock index futures edged higher on Thursday after data showed first-time claims for jobless benefits fell last week.

S&P 500 futures added 1.2 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 9 points, and Nasdaq 100 futures gained 3.5 points.

(Reporting by Leah Schnurr; editing by Jeffrey Benkoe)