Stock index futures pointed to a higher open on Thursday with Apple Inc set to boost technology shares after it reported strong sales even as consumers tightened their belts.
Investors also awaited data on existing home sales for March and initial jobless claims. The report on the labor market is expected to show that initial claims at 635,000, according to Reuters data.
S&P 500 futures rose 6.50 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 climbed 59 points, and Nasdaq 100 futures added 17.75 points.
In the auto sector, the U.S. Treasury raised its offer to Chrysler lenders, sources said on Wednesday, as the embattled automaker races to cut its debt and labor costs and reach an alliance with Italy's Fiat SpA
Auto dealer representatives meet with the government task force charged with retooling the auto industry to make the case that a bankruptcy for General Motors Corp
Top executives of big banks that accepted federal bailouts -- Bank of America Corp
The Dow and S&P fell Wednesday after Morgan Stanley
The Nasdaq eked out a gain after AT&T Inc
(Reporting by Leah Schnurr; editing by Jeffrey Benkoe)