India, May 1 -- The weekly jobless claims and manufacturing activity might be the focus on Thursday. Earnings reports of Meta Platforms (META) and Microsoft (MSFT) also might be important.

Early cues from the U.S. Futures Index suggest that Wall Street might open higher.

As of 8.15 am ET, the Dow futures were gaining 318.00 points, the S&P 500 futures were progressing 69.50 points and the Nasdaq 100 futures were surging 362.75 points.

The U.S. major averages closed lower on Wednesday. The Nasdaq ended the day down 14.98 points or 0.1 percent at 17,446.34, the S&P 500 rose 8.21 points or 0.2 percent to 5,569.06 and the Dow climbed 141.74 points or 0.4 percent to 40,669.36.

On the economic front, the Jobless Claims for the week will be is...