Stock index futures pared gains on Thursday following a slew of weaker-than-expected data, including weekly initial jobless claims.

Futures had been higher as investors welcomed signs that European leaders were committed to keeping Greece afloat for now.

S&P 500 futures rose 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 added 16 points and Nasdaq 100 futures were up 9.75 points.

(Reporting by Ryan Vlastelica)