Stock index futures rose on Thursday ahead of quarterly results from Goldman Sachs Group
Goldman Sachs is set to report earnings at about 8 a.m. <1300 GMT>, with analysts in a Reuters survey forecasting the company to earn $5.20 per share.
Economic data expected Thursday includes U.S. weekly jobless claims, due at 8:30 a.m. EST, and the Conference Board's Leading Economic Index for December and January's Philly Fed index at 10 a.m. EST.
President Barack Obama, fresh from his party's election defeat in the U.S. Senate, will propose stricter limits on financial risk-taking on Thursday in a move that may recall Depression-era curbs on banks.
Also reporting late Wednesday was Starbucks Corp
Other companies due to report include American Express Co
S&P 500 futures rose 2.5 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 3 points, and Nasdaq 100 futures gained 1.50 points.
Most Asian stock markets fell on Thursday after investors worried that China would take more measures to temper growth after posting its fastest quarterly growth in two years.
European shares were flat in early trade on Thursday, with weakness in banks and miners just offsetting gains in defensive drugmakers, as investors stayed cautious ahead of further corporate earnings from the U.S.
The Dow suffered its worst drop of 2010 on Wednesday as U.S. stocks succumbed to fears that China's curbs on bank lending might jeopardize the global economic recovery, while IBM's outlook sparked caution about the technology sector.
(Editing by Padraic Cassidy)