(For a Reuters live blog on U.S., UK and European stock

markets, click or type LIVE/ in a news window.)

*

Futures: Dow up 0.03%, S&P 500 dips 0.17%, Nasdaq off

0.47%

Jan 23 (Reuters) - U.S. stock index futures were subdued

on Thursday, as investors paused after Wall Street's strong

performance in the previous session and awaited economic data,

more corporate earnings and remarks from President Donald Trump

later in the day.

At 5:20 a.m. ET, Dow E-minis were up 12 points, or

0.03%, S&P 500 E-minis were down 10.25 points, or 0.17%

and Nasdaq 100 E-minis were down 103.5 points, or 0.47%.

The S&P 500 and the blue-chip Dow logged their

sixth session of advances out of seven on Wednesday, with the

benchmark index notching an intraday record high for the first

time in over a month.

Trump's multi-billion show of support for artificial

intelligence infrastructure, along with Netflix's ( NFLX )

strong results, provided the latest tailwind for markets, which

had been recovering since last week after data showed underlying

inflation was cooling despite robust economic activity.

In premarket trading, AI darlings Nvidia ( NVDA ) dropped

1.8% and Microsoft ( MSFT ) dipped 0.7%, while chip stocks such

as Advanced Micro Devices ( AMD ) and Broadcom ( AVGO ) slipped

0.8% each.

Uncertainty about Trump's trade plans prevailed as he said

tariffs on imports from Canada, Mexico, China and the European

Union could be announced on Feb. 1, although analysts expect

April 1 to be the date when major tariff plans will be unveiled.

All eyes will be on Trump's appearance at the World Economic

Forum in Davos at 11:00 a.m. ET.

"One new area of interest may be the international tax code,

where he could potentially tariff (countries) trying to enact

the (Organization for Economic Cooperation and Development's)

Global Minimum Tax - clearly something on the mind of his tech

industry sponsors," said analysts at ING Bank.

Trump pulled the U.S. out of the OECD tax deal on Monday.

Tariff imposition could threaten a global trade war, upside

price pressures and slow down the Federal Reserve's pace of

monetary policy easing.

Traders expect the central bank to leave interest rates

unchanged for the first half of 2025, according to data compiled

by LSEG.. A moderate rise in longer-dated Treasury yields

also limited gains among stocks.

On the economic data front, economists expect a Labor

Department report, due at 8:30 a.m. ET, to show jobless claims

stood at 220,000 in the previous week, which could also reflect

some impact from wildfires in California.

Among top movers, Electronic Arts ( EA ) was down 13.7%

after the videogame publisher cut its forecast for annual

bookings, citing weakness in its established soccer franchise.

Alaska Air ( ALK ) rose 3.8% after topping Street estimates

for fourth-quarter profit and forecast a smaller-than-expected

loss for the current quarter.

Quarterly reports from GE Aerospace, American

Airlines ( AAL ) and Union Pacific ( UNP ) among others are due

before markets open.

Micron dropped 3.5% after South Korean rival SK Hynix ( HXSCF )

warned of steeper demand declines in its commodity

memory chips used in smartphones and computers.