Investors may react to a new number on the labor market out Thursday. The number of people filing for initial jobless claims rose 4,000 to 371,000 in latest week, U.S. government says.
No S&P 500 companies are scheduled to report quarterly results. Wells Fargo(WFC) will report Friday, making it the first major financial institution to release its fourth-quarter figures.
Overall, analysts expect earnings for companies in the S&P 500 to grow 3.3% in the fourth quarter versus last year, according to S&P Capital IQ. Banks and companies in the consumer sector are expected to lead earnings growth.
In other corporate news, nutritional supplement company Herbalife(HLF) is expected to respond to charges from hedge fund manager Bill Ackman that it's running a pyramid scheme. Grocery store chain Supervalu(SVU) will report its quarterly results in the morning.
Shares of Nokia(NOK) were up more than 20% in premarket trading, after the phone company reported better-than-expected earnings for its handset business.