U.S. stock market futures rose in early action Thursday, possibly setting up for a third day of gains with major indexes within touching distances of record highs. Dow Jones Industrial Average futures rose 66 points, or 0.2%, to 45070. S&P 500 futures gained 8 points, or 0.1%, to 6094. Nasdaq-100 futures increased 16 points, or 0.1%, to 21779.

US stocks recovered from losses on Wednesday to close higher on the day. Earnings from Alphabet (GOOG, GOOGL) and AMD (AMD) fell short, but Big Tech got a boost from a jump in Nvidia (NVDA) shares. The tech-heavy Nasdaq Composite (^IXIC) rose 0.

Wall Street drifted through mixed trading Thursday as rising fashion and cigarette stocks worked against drops for Ford Motor and Qualcomm. The S&P 500 rose 0.4% following healthy gains for stock markets across much of Europe and Asia.

Asian shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies

Wall Street is drifting as drops for Ford Motor and Qualcomm work against buoyant fashion and cigarette stocks. The S&P 500 slipped 0.1% Thursday following healthy gains for stock markets