Around 6:35 a.m. ET, Dow futures indicating a flat to higher open of about 5 points, with the S&P 500 and Nasdaq futures also pointing to a relatively flat to downbeat start to the day.
On Wednesday, U.S. Treasury yields came under pressure after Beijing announced it would counter the most recent round of U.S. tariffs with its own. The Chinese Ministry of Commerce announced a 25 percent charge on $16 billion worth of U.S. goods. In total, 333 goods have been picked out by China, including vehicles, various types of fuels, recyclables and fiber optical cables.
It followed an announcement by the U.S. Trade Representative's office that the States would begin gathering levies on an additional $16 billion in Chinese goods from later this month.
However, strong earnings from Adidas, Roku, and Yelp after the close of trading Wednesday helped to offset concerns about the escalating trade spat.
In other corporate news, Norwegian Cruise Line, Viacom, Worldpay, Azul, Party City, Dropbox, News Corp., Lions Gate and TrueCar are due to release their quarterly earnings. Investors will also be looking at the share price moves from companies who reported after the bell Wednesday.
On the central banking front, another member of the U.S. Federal Reserve is scheduled to speak, a week after the Fed held fire on raising interest rates.
Chicago Fed President Charles Evans will be participating in a group media interview in Chicago.