09:23 AM EDT, 05/02/2024 (MT Newswires) -- US stocks look set to open higher in Thursday's trading session following the Federal Reserve's decision to leave rates unchanged Wednesday, and after jobless claims came in lower than expected earlier in the morning.

Dow Jones Industrial Average futures were up 0.5%, S&P 500 futures were rising 0.6%, and Nasdaq futures were moving 0.7% higher.

Oil prices were mixed, with front-month global benchmarks North Sea Brent crude up 0.1% at $83.52 per barrel and US West Texas Intermediate crude rising 0.1% at $78.93 per barrel.

In other world markets, Japan's Nikkei was off 0.1%, Hong Kong's Hang Seng surged 2.5%, and China's Shanghai Composite was down 0.3%. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 was rising 0.4%, while Germany's DAX was up 0.1% and France's CAC was down 0.7%.

Weekly initial jobless claims were unchanged from the previous week at 208,000, coming in below the consensus forecast of 212,000 claims.

On the winning side, shares of Allarity Therapeutics ( ALLR ) soared 99% in Thursday's premarket session after it said phase 2 clinical trial of stenoparib to treat advanced recurrent ovarian cancer "has shown clear clinical benefit, including tumor shrinkage and long-term disease stability." Emergent Biosolutions ( EBS ) shares surged 48%, a day after it said it swung to Q1 adjusted profit and reported higher revenue from a year earlier. Carvana ( CVNA ) shares jumped 36% after it reported Wednesday that it swung to a profit in Q1 and also reported higher net sales and operating revenue from a year earlier. Context Therapeutics ( CNTX ) shares climbed 25% after the US Food and Drug Administration cleared its investigational new-drug application for CTIM-76 to treat gynecologic and testicular cancers. And Aspen Aerogels ( ASPN ) shares rose more than 29% a day after the company posted a narrower Q1 net loss per share and higher revenue from a year earlier.

On the losing side, shares of Fastly (FSLY) plunged over 37% after it reported lower-than-expected Q1 revenue and was downgraded by DA Davidson to neutral from buy and BofA Securities downgraded the company's stock to underperform from buy. Freshworks' ( FRSH ) shares tumbled 29% after it lowered its revenue forecast for 2024 to a range of $695 million to $705 million from $703.5 million to $711.5 million. XPEL Inc. ( XPEL ) fell 19% after reporting lower-than-expected Q1 earnings and revenue. Etsy ( ETSY ) stock fell 16% a day after it reported lower Q1 net income per diluted share from a year earlier. And shares of DoorDash ( DASH ) fell nearly 9% after the food delivery company recorded a slightly wider-than-expected Q1 loss Thursday, while its short-term core profit outlook missed the Street view at the midpoint.