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Wall Street set to open flat after Dow breaks 22,000; jobless claims in focus

  • Allergan and Kellogg are due to report before the bell
  • Heinz, Motorola Solutions, Viacom and Western Union will report after the bell
  • Jobless claims came in at 240,000, just below the expected 242,000

U.S. stock index futures pointed to a flat open on Thursday, a day after the Dow Jones industrial average broke the 22,000 milestone for the first time ever.

Dow futures were unchanged, while S&P and Nasdaq futures traded 0.75 points lower and 8.5 points higher, respectively.

The 30-stock index was propelled above 22,000 largely by Apple, which had reported strong quarterly results.

Investors will once again focus on earnings after Tesla posted better-than-expected results. The stock shot up 6 percent on the news. Allergan and Kellogg are among the companies that reported before the bell. Heinz, Motorola Solutions, Viacom and Western Union will report after the bell.

In terms of data, jobless claims came in at 240,000, just below the expected 242,000. Other data set for release Thursday include the IHS Markit PMI Services Index, factory orders and Fed Balance Sheet figures.

In oil markets, Brent was trading slightly higher at $52.57 and WTI at $49.80. Data out on Wednesday showed U.S. crude, gasoline and diesel inventories down in the last week as demand for gasoline hit a new high.