Source: Sharecast
As of 1230 BST, Dow Jones futures were up 0.86%, while S&P 500 and Nasdaq-100 futures had the indices opening 1.04% and 1.37% firmer, respectively.
The Dow closed 284.97 points higher on Wednesday, as all three major averages logged a winning session.
Thursday's primary focus will undoubtedly be news that the White House has supposedly struck a trade deal with Westminster, with a press conference to discuss the agreement scheduled for 1500 BST. Trump also claimed the deal was "the first of many".
"The agreement with the United Kingdom is a full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come," Trump said.
Donald Trump also took aim at Federal Reserve chairman Jerome Powell yet again on Thursday after the central bank opted to keep its benchmark overnight lending rate unchanged at a range of 4.25% to 4.5% due to heightened economic uncertainty as a result of the White House's so called "Liberation Day" tariffs.
"'Too Late' Jerome Powell is a FOOL, who doesn't have a clue. Other than that, I like him very much! Oil and Energy way down, almost all costs (groceries and "eggs") down, virtually NO INFLATION, Tariff Money Pouring Into the US — THE EXACT OPPOSITE OF "TOO LATE!" ENJOY!," Trump wrote on social media.
The Federal Reserve's decision to maintain rates until the economic outlook becomes slightly clearer comes as the "risks of higher unemployment and higher inflation" have risen. Powell also said Trump's constant derision and criticisms had not impacted the central bank's thining "at all".
"We are always going to do the same thing, which is we are going to use our tools to foster maximum employment and price stability for the benefit of the American people," said Powell. "We are always going to consider only the economic data, the outlook, the balance of risks and that's it. That's all we are going to consider."
On the macro front, weekly jobless claims numbers from the Labor Department will be out at 1330 BST, as will a preliminary reading of Q1 nonfarm payrolls, while March wholesale inventories figures will follow at 1500 BST.
Reporting by Iain Gilbert at Sharecast.com