Will the Dow and S&P 500 continue their record run Thursday?
U.S. stock futures were in a holding pattern amid a fresh batch of economic data and more quarterly results.
The government released its weekly report on initial jobless claims before the open, showing that claims totaled 346,000 in the week ending April 6, a drop of 42,000 from the week before.
Retailers were also reporting February same-store sales -- a key metric used to gauge consumer spending.
Sales at Costco(COST) rose 4%, missing forecasts, while Gap(GPS) reported same-store sales that rose a better-than-expected 3% in the latest month. Bed Bath & Beyond(BBBY) shares rose 2% after reporting a sales increase.
Shares of Yum Brands(YUM) fell about 2% in premarket trading after the restaurant operator revealed that its same-store sales in China dropped in March amid an ongoing food safety scandal.
Toyota(TM) shares were higher in premarket trading, despite the company's recall of 1.7 million vehicles because of airbag defects. Honda(HMC) shares also rose, after the company said it was recalling 1.1 million vehicles with airbag problems. Airbag supplier Takata Corp closed down 9% in Tokyo.