U.S. stock index futures pointed to a higher open on Wall Street on Thursday, following the previous session's sell-off, while investors braced for monthly sales data from retailers.
At 5:08 a.m. EDT, futures for the S&P 500 were up 0.5 percent, Dow Jones futures were up 0.4 percent and Nasdaq 100 futures were up 0.4 percent.
Investors will also keep an eye on weekly jobless claims, ahead of key monthly jobs data due on Friday.
The energy sector will be in the spotlight after Goldman Sachs
American International Group Inc
European stocks were up 0.4 percent in morning trade, led by rebounding energy shares such as BP
U.S. stocks dropped on Wednesday, snapping a four-day winning run, as tumbling oil prices dragged on energy shares, while less upbeat economic reports rekindled concerns over recovery prospects.
The Dow Jones industrial average <.DJI> dropped 65.63 points, or 0.75 percent, to 8,675.24. The Standard & Poor's 500 Index <.SPX> shed 12.98 points, or 1.37 percent, to 931.76. The Nasdaq Composite Index <.IXIC> declined 10.88 points, or 0.59 percent, to 1,825.92.
Since reaching a bottom in early March, the Dow has gained 34.1 percent and the S&P has risen 39.7 percent.
(Reporting by Blaise Robinson)