U.S. stock index futures pointed to a higher open Thursday, bouncing back from yesterday's weak trading session, ahead of a vote on tax reform.
Dow Jones industrial average futures rose 76 points, while S&P 500 and Nasdaq 100 futures gained 8.75 points and 30 points, respectively.
Markets worldwide showed signs of bouncing back after coming under pressure in the previous trading session. Not only were U.S. futures edging higher, but stocks in Europe were trading in the black, while markets in Asia finished mostly higher.
In the previous trading session, U.S. equities closed in negative territory, with the Dow Jones industrial average dropping 138.19 points by the close, with market-watchers attributing the decline to signs that the current bull market was slowing down.
Investors were looking ahead to a House vote on a tax reform bill. GOP leaders remain confident that the bill can be passed this week, despite lingering resistance seen from some Republicans.