The data on manufacturing was also encouraging, as the flash PMI Manufacturing Index and the KansasCityFed Manufacturing Index both reflected steady growth.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the fourth-quarter GDP estimate, the ISM Chicago business survey, and the KansasCityFed manufacturing index.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the pending home sales index and the KansasCityFed manufacturing survey.