Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.3 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures down 0.21 percent at 5:12 a.m. EDT.
China's economy started 2010 at a cracking pace, reporting surprisingly strong 11.9 percent year-on-year growth in the first quarter.
United Parcel Service Inc
Companies scheduled to report quarterly results on Thursday include Google Inc
Oil rose past $86 on Thursday to within a dollar of 18-month highs as surging Chinese economic growth cemented expectations of a rebalancing in markets awash with supplies.
European stocks were up 0.2 percent in morning trade <.EU>, while Japan's Nikkei average rose 0.7 percent, helped by exporters <.T>.
U.S. stocks notched a fifth straight day of gains on Wednesday as stronger-than-expected corporate results and March retail sales pushed the S&P 500 past 1,200 for the first time in 18 months.
The Dow Jones industrial average <.DJI> was up 103.69 points, or 0.94 percent, at 11,123.11. The Standard & Poor's 500 Index <.SPX> was up 13.35 points, or 1.12 percent, at 1,210.65. The Nasdaq Composite Index <.IXIC> was up 38.87 points, or 1.58 percent, at 2,504.86.
(Reporting by Blaise Robinson; Editing by Erica Billingham)