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US stock-index futures were in the black on Thursday, with investors parsing through the latest round of corporate earnings.

With about an hour to go before the opening bell in New York, S&P 500, Dow Jones Industrial Average and Nasdaq 100 futures ticked up by 0.1 per cent.

The slim advance echoes the muted trading for much of this week – the S&P 500 has not closed higher or lower by more than 0.21 per cent since last Friday.

Investors on Thursday digested a round of quarterly reports. Twitter, the social network, faced a sell-off after the social network said its sales growth nearly ground to a halt in the fourth quarter, missing Wall Street expectations.

Coca-Cola, a Dow component, also faced selling pressure in early trading after the maker of fizzy beverages disclosed its seventh straight fall in quarterly revenues.

US Treasury prices dipped after rallying in the previous session. The yield on the 10-year rose 1.8 basis points to 2.36 per cent, while the two-year yield advanced by about half a basis point to 1.16 per cent. Yields move in the opposite direction of prices.

US crude oil prices climbed 0.8 per cent to $52.77 a barrel. Brent, the international standard, was up by 0.7 per cent at $55.52 a barrel.

On the economic front, the weekly report on US jobless claims is due at 8:30am in Washington.

Copyright The Financial Times Limited 2017. All rights reserved.
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