NEW YORK (CNNMoney)
U.S. stock futures were pointing to an upbeat start, with contracts on all three main indexes trading up about 0.3%.
Chinese factory activity hit a 7-month high in October, helping European stocks advance in morning trade.
Investors will also get updates on the U.S. economy Thursday, with the government's weekly report on initial jobless claims due at 8:30 a.m. ET, and Census Bureau data on new home sales at 10:00.
Earnings season continues with results due from Ford (F, Fortune 500) before the opening bell. Microsoft (MSFT, Fortune 500) and Amazon (AMZN, Fortune 500) are up in the afternoon.
Related: Fear & Greed Index
U.S. stocks fell slightly Wednesday, coming off record highs as a dour outlook from Caterpillar knocked sentiment.
European markets were narrowly higher in morning trading. Germany's DAX index was the strongest performer.
Asian markets ended mixed, with the Nikkei adding 0.4% as corporate earnings rolled in. Rising money market rates in China put a pinch on the Shanghai Composite, which declined 0.9%. Hong Kong's Hang Seng lost 0.7%.
First Published: October 24, 2013: 5:08 AM ET
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