Data was a key subject of interest Thursday.
First-time claims for state unemployment benefits were totaled 222,000 versus the 240,000 expected, down slightly from the 243,000 reported for the previous week, according to Reuters.
Looking to central banks, the question of who will be named as the next chair of the U.S. Federal Reserve continues to linger.
On Wednesday, White House spokeswoman Sarah Sanders said that U.S. President Donald Trump would likely announce his decision on who will take on the role of Fed chair in the "coming days," according to Reuters.
At present, reports suggest five leading figures are in the running for the position, including current Fed Chair Janet Yellen, whose term expires in early 2018.
While a Monday report showed that President Donald Trump was impressed by Stanford University economist John Taylor, Fed Gov. Jerome Powell and former Fed Gov. Kevin Warsh are also considered top contenders.
In politics, concerns surrounding Catalonia are expected to linger at the back of investors' minds, after news emerged that the Spanish central government would move to suspend Catalonia's autonomy after the regional leader failed to drop a bid for independence.