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U.S. equity futures were mostly lower on Thursday, giving back some of the gains seen in the previous session, as semiconductor stocks struggled.
Futures for the Dow Jones Industrials poked ahead one point to 52,901, thanks to a more than 6% advance in UnitedHealth, which easily topped earnings expectations.
Futures for the S&P 500 slid 26.25 points, or 0.3%, to 7,588.50.
Futures for the NASDAQ Composite floundered 289 points, or 1%, to 29,404.25.
Taiwan Semiconductor declined by 4.6%, even after the company beat expectations in its latest quarter.
On Thursday, investors will be looking to retail sales data and jobless claims at 8:30 a.m. ET for further signs of whether the economy is slowing enough to keep inflation under control without tipping into a meaningful downturn.
Corporate earnings also remain a key driver. UnitedHealth will report its results before the bell and Netflix is scheduled to report its after the bell.
In Japan, the Nikkei 225 tumbled 2.8% Thursday, while in Hong Kong, the Hang Seng gained 1.3%.
Oil prices gathered 30 cents to $79.90 U.S. a barrel.
Gold prices dulled $9.70 to $4,042.10 U.S an ounce.
US Market Updates