S&P 500 stock index futures pared gains but recovered quickly on Thursday after a report showed new U.S. claims for unemployment benefits were unchanged last week, holding at the lowest level since the early days of the 2007-2009 recession.

S&P 500 futures rose 2.2 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract. Dow Jones industrial average futures added 19 points and Nasdaq 100 futures rose 6.25 points.

(Reporting By Edward Krudy; editing by Jeffrey Benkoe)