AQN:CC - Futures Rise Ahead of More Inflation-Related Data

U.S. stock futures were higher Thursday as investors look toward Thursday's producer price index report.

Futures for the Dow Jones Industrials subsided 27 points, or 0.1%, at 33,575.

Futures for the S&P 500 pushed up four points, or 0.1%, to 4,156.

Futures for the NASDAQ Composite gained 20.5 points, or 0.2 to 13,430.

Economists polled by Dow Jones expect producer prices rose 0.3% in April. The data comes a day after the U.S. Labor Department said the consumer price index, another closely watched inflation gauge, rose 4.9% last month on a year-over-year basis. That was slightly less than expected.

Weekly jobless claims numbers are also slated for release Thursday.

Traders also weighed quarterly results from Disney. Shares of the media giant dipped more than 5%. While higher prices helped its streaming division to narrow its losses, it dealt a harsh blow to subscriber growth.

The company also announced it would take on impairment charges of $1.5 billion to $1.8 billion as it removes more content from its streaming platforms.

In Japan, the Nikkei 225 gained four points, while in Hong Kong, the Hang Seng declined 0.1%.

Oil prices let go of 66 cents to $73.05 U.S. a barrel.

Gold prices subtracted $6.80 to $2,036.10 U.S. an ounce.