Futures Point To Broadly Higher Open For Wall Street

(RTTNews) - Trading activity on Thursday may continue to be impacted by reaction to the Fed announcements. The producer prices and the weekly jobless claims might be of interest today.

Asian shares finished mixed, while European shares are trading higher.

Early signs from the U.S. Futures Index suggest that Wall Street might open broadly up.

As of 8.00 am ET, the Dow futures were down 106.00 points, the S&P 500 futures were adding 6.75 points and the Nasdaq 100 futures were progressing 116.75 points.

The U.S. major averages ended Thursday's session The Nasdaq led the charge, surging 264.89 points or 1.5 percent to a new record closing high of 17,608.44. The S&P 500 also reached a new record closing high, jumping 45.71 points or 0.9 percent to 5,421.03.

On the economic front, the Jobless Claims for the week will be issued at 8.30 am ET. The consensus is for 222K, while it was up 229K in the prior week.

The PPI Final Demand for May will be issued at 8.30 am ET. The consensus is for an increase of 0.1 percent, while it was up 0.5 percent in the prior month.

The Energy Information Administration or EIA's Natural Gas report for the week is expected at 10.30 am ET. In the prior week, the gas stock was up 98 bcf.