U.S. stocks were tipped to open higher on Thursday, as a recovery in battered Chinese stocks lifted sentiment, while focus remained on efforts to avert the collapse of Greece.
China's benchmark Shanghai Composite stock index jumped almost 6 percent after Beijing delivered its latest salvo of measures to prop up a market that has crashed nearly 30 percent in the past month.
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The Chinese Securities regulator on Thursday banned shareholders from selling large stakes in listed firms in a bid to stem a slide in Chinese stocks that has sparked fears across the globe about a protracted slowdown in the world's second-biggest economy.
In fact, the sharp selloff has put China risks firmly back in the spotlight, helping send Wall Street shares down almost 1.5 percent on Wednesday.
"Notwithstanding the overnight bonus rally across Asia, the outlook over the next few days is going to be 'interesting,'" Bill Blain, a strategist at Mint Partners, said in a note.
"Some folk are already screaming buy, buy, buy, and there is a vociferous element calling 'this is the bottom'," he said. "There are definitely bargains out there, and the selective brave have their buying boots on! This movie is not over yet."