Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.22 percent, Dow Jones futures up 0.43 percent and Nasdaq 100 futures up 0.41 percent at 0930 GMT (5:30 a.m. ET).
Exxon Mobil Corp
Diversified U.S. manufacturer Pall Corp
Private equity firms Warburg Pincus
Private equity giant KKR & Co
Brent was steady around $118 on Thursday, after surging in the previous session as Saudi Arabia failed to convince OPEC members to raise output targets and data showed U.S. crude stocks fell sharply last week.
European shares inched lower in choppy morning trade, losing ground for the seventh session in a row ahead of the European Central Bank's post-policy meeting press conference.
The ECB is expected to signal a July interest rate rise while continuing to provide banks with unlimited amounts of cash to help weaker lenders hit by the euro zone debt crisis.
The standoff between U.S. President Barack Obama and congressional Republicans over raising the government's borrowing limits is casting a shadow over the economic recovery, which has hit a temporary soft patch, a top Federal Reserve official said on Thursday.
The Federal Reserve would not be able to start a third round of quantitative easing after the second round expires at the end of this month, Pimco's co-chief investment officer Bill Gross said.
Economic data on tap for Thursday includes weekly initial jobless claims, international trade and wholesale trade data for April. Companies scheduled to report earnings include BrownForman Corp
U.S. stocks extended losses for the sixth straight day on Wednesday as investors worried that a slowing economy could deepen the market's retreat.
The Dow Jones industrial average <.DJI> dropped 21.87 points, or 0.18 percent, to 12,048.94. The Standard & Poor's 500 Index <.SPX> lost 5.38 points, or 0.42 percent, to 1,279.56. The Nasdaq Composite Index <.IXIC> fell 26.18 points, or 0.97 percent, to 2,675.38.
(Reporting by Blaise Robinson; Editing by Mike Nesbit)