US equities futures were hovering around unchanged early Thursday after the benchmark indices touched new records Wednesday. Overseas, investors are watching Spain and the fallout from Catalonia’s independence vote. Minutes from the last European Central Bank meeting are released Thursday. The US dollar was off against the euro, the Japanese yen and the Canadian dollar but higher against the pound sterling.
– The S&P 500 future was down 0.09% recently, the Dow was down 0.09% and Nasdaq was up 0.05%.
– Crude oil futures were higher with West Texas Intermediate crude oil for delivery in November up 0.2% at $50.06 and Brent crude for delivery in December up 0.5% at $56.05. The Energy Information Administration releases weekly information on natural gas stocks at 10:30 am ET.
– In economic data, international trade figures and jobless claims are released at 8:30 am, followed by factory orders at 10 am. Also chain stores report monthly sales on Thursday. Meanwhile, a slew of Fed speakers are also on tap. Federal Reserve Governor Jerome Powell speaks at 9:10 am, followed by San Francisco Fed President John Williams at 9:15 am, Philadelphia Fed President Patrick Harker at 9:30 am and Kansas City Fed President Esther George at 4:30 pm.
– Companies reporting earnings Thursday morning include Constellation Brands (STZ) and International Speedway (ISCA)