*
European officials downplayed talk that Greece and its lenders
were drafting an agreement that would provide Athens much-needed
debt relief.
* Investors also await weekly U.S. jobless claims and pending
home sales data for April.
* Analysts expect the U.S. Labor Department to report that
jobless claims fell to 270,000 last week from 274,000 in the
prior week. The data is expected at 8:30 a.m. ET (1230 GMT)
* Pending home sales are expected to have risen 0.9 percent in
April after rising 1.1 percent in March. The data from the
National Association of Realtors is due at 10 ET (1400 GMT).
* Wednesday was the strongest day for the S&P 500 since May 14
and the Nasdaq Composite's strongest since late January, lifting
it to its first record close since April 24.
* Broadcom shares rose 0.85 percent to $57.64 in premarket
trading after Avago said it would buy its fellow chipmaker for
$37 billion. Avago was up 0.01 percent at $141.50. Both stocks
had risen strongly on Wednesday on reports of an imminent deal.
* Yahoo fell 0.67 percent to $46.09 after a U.S. judge ordered
the company to face a nationwide class-action lawsuit accusing
it of email spying.
* Western Digital rose 1.64 percent to $95.92 after Goldman
Sachs raised its rating on the stock to "buy".
Futures snapshot at 7:23 a.m. EDT:
* S&P 500 e-minis were down 3.25 points, or 0.15 percent, with
83,599 contracts traded.
* Nasdaq 100 e-minis were down 5.5 points, or 0.12 percent, on
volume of 12,952 contracts.
* Dow e-minis were down 34 points, or 0.19 percent, with
13,408 contracts changing hands.
(Reporting by Sweta Singh in Bengaluru; Editing by Savio
D'Souza)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|
|