S&P 500 and Nasdaq 100 futures rose as falling bond yields and easing oil prices bolstered investor sentiment following the Federal Reserve's recent rate hike.
Berentzen-Gruppe surged over 27% after confirming takeover talks with Sazerac.
J.B. Hunt tumbled over 13% after the CFO guided Q3 profit down 5-10% due to higher costs.
September S&P 500 E-Mini futures are up 0.90% as bond yields fall on the Fed's inflation resolve.
WTI crude fell over 1% on easing Middle East supply worries.
Diamondback Energy slumped over 8% as oil prices dropped.
Lumentum surged over 9% as optical networking stocks climbed.
September Nasdaq 100 E-Mini futures are up 1.09%.
Occidental Petroleum fell more than 6% following the decline in oil prices.
Coherent rose more than 6% amid gains in the optical networking sector.
Euro Stoxx 50 is up 0.64% as lower oil prices lifted sentiment.
Shanghai Composite closed down 0.41% on weakness in gold and energy stocks.
Nikkei 225 closed up 0.33% supported by bargain hunting.
Expedia slipped over 2% after Morgan Stanley downgraded the stock to Underweight.
Gold-related shares declined after the precious metal's price slumped following the Fed rate hike.
U.S. equity futures climbed Thursday as investors reacted to Fed Chairman Kevin Warsh's commitment to curbing inflation, which pushed the 10-year Treasury yield down to 4.99%. While the broader market sentiment improved, individual stocks saw significant volatility, with J.B. Hunt tumbling 13% on weak guidance and Berentzen-Gruppe surging 27% on takeover news.
The Fed raised rates by 25 basis points to a range of 3.75% to 4.00% to combat persistent inflation and support a return to the committee's 2% price stability goal.
Energy stocks are facing downward pressure due to a decline in WTI crude prices, which fell over 1% as geopolitical supply concerns in the Middle East eased.