US Markets

US stock futures hold mostly flat after economic data deluge

Q3 GDP up 3.5% (ann. rate), jobless claims up 21K to 275,000

U.S. stock index futures pointed to a flat open on Thursday as traders digested the release of a big batch of data.

Initial jobless claims jumped to 275,000 last week, with economists polled by Reuters expecting them to total 256,000. Meanwhile, the final read on third-quarter U.S. GDP came in at 3.5 percent, above the expected 3.2 percent. Durable goods orders for November fell 4.6 percent last month, less than expected.

Personal income, consumer spending, PCE (Personal Consumption Expenditures) prices and leading indicators are all due at 10:00 a.m.

Stocks closed slightly lower on Wednesday, with the Dow Jones industrial average failing to break above the elusive 20,000 mark.

In oil markets, Brent crude was around $54.34 a barrel on Thursday, down 0.22 percent, while U.S. crude was at $52.35 a barrel, down 0.27 percent.

In Europe, the pan-European Stoxx-600 index was around 0.1 percent lower on Thursday.