Investors have a lot to chew on Thursday, and a slew of economic reports could influence whether they send U.S. stocks to a new round of record highs.
Stock futures remained mixed after the government reported that jobless claims were up from a week ago. Additionally, housing starts for April fell and were below forecats. A key measure of inflation, the Consumer Price Index, also fell.
At 10:00 a.m., Thomson Reuters and the University of Michigan will release their consumer sentiment index.
In corporate news, Wal-Mart(WMT) reported better-than-expected quarterly earnings but a decrease in same-store sales. The company said it was held back by a delay in income tax refunds. The retailer's stock slipped in premarket trading.
Kohl's(KSS) stock price jumped after the retailer beat its own guidance in quarterly earnings, despite a dip in profit.
Dell(DELL) and J.C. Penney(JCP) report earnings in the afternoon.
Tesla(TSLA) shares rose after the electric-car maker announced it was raising capital to repay its government loan early. CEO Elon Musk plans to personally buy $100 million worth of stock.