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Futures Take on Strength early Thursday

KSS

U.S. stock index futures were higher Thursday morning as tensions between Iran and the U.S. eased for the time being.

Futures for the Dow Jones Industrials hiked 89 points, or 0.3%, to 28,859.

Futures for the S&P 500 added nine points, or 0.3%, at 3,269.25.

Futures for the NASDAQ Composite climbed 42.5 points, or 0.5%, to 8,987.

In corporate news, Kohl's shares dropped 6% in the pre-market after issuing earnings guidance to the low end of their fiscal 2019 forecast.

L Brands, meanwhile, slid around 4% after the Victoria's Secret parent company said it expects fourth-quarter earnings to come in around $1.85 per share, below a previous estimate of $2.

Meanwhile, Bed Bath & Beyond pulled back more than 11% on news it is delaying the closure of 20 stores until fiscal 2020.

On the data front, the latest weekly jobless claims numbers will be released at 8:30 a.m. ET.

Overseas, in Japan, the Nikkei 225 popped 2.3% Thursday, while in Hong Kong, the Hang Seng Index jumped 1.7%.

Oil prices gained 20 cents to $59.81 U.S. a barrel.

Gold prices soared six dollars to $1,554.20 U.S. an ounce.

Futures Take on Strength early Thursday



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