On the supply side, the U.S. Treasury is scheduled to conduct a 30-Year government bond auction.
Read MoreECB lending meets estimates; euro falls
European stock markets were higher in morning trade on Thursday as a bounce in oil prices helped boosted sentiment after a key data release from the European Central Bank (ECB).
Investors in the region welcomed the results of the second cheap loans operation - known as a targeted long-term refinancing operation (TLTRO) - by the ECB, which managed to meet market expectations on Thursday amid calls for the central bank to do more to help kick start the region's economy.
U.S. stocks closed sharply lower on Wednesday as the price of crude fell to a new five-year low and the Organization of Petroleum Exporting Countries (OPEC) cut its demand outlook for next year.
However, the price of oil received a slight bounce on Thursday morning, with Brent futures rising to $64.46 per barrel.
Read MoreEurope higher as oil bounces back
Thursday's earnings include Adobe Systems, Esterline Tech, Nordson and Quiksilver after the bell.