Futures climb ahead of big bank earnings, producer prices data

Published by
Reuters

(Reuters) – U.S. stock index futures climbed on Thursday as surging oil prices lifted energy shares, while investors awaited earnings updates from big banks and a fresh reading on inflation data. After a strong quarterly performance from JPMorgan Chase & Co, peers Bank of America, Citigroup, Wells Fargo and Morgan Stanley were set to publish their results before the opening bell. Their shares edged higher in premarket trading after declining sharply in the previous session. The S&P 500 and the Nasdaq ended higher on Wednesday, led by mega-cap tech names after the Federal Reserve signaled it co…

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