09:22 AM EDT, 05/16/2024 (MT Newswires) -- US stocks look set to open lower in Thursday's trading session as weekly initial jobless claims came in higher than expected, while the Philadelphia Fed Manufacturing Index fell more than expected.

Dow Jones Industrial Average futures were down 0.03%, S&P 500 futures were down 0.02%, and Nasdaq futures down 0.01%.

Weekly initial jobless claims declined to 222,000 from 232,000 the previous week, higher than the 219,000 forecasters were expecting, according to Investing.com

Meanwhile, the Philadelphia Fed Manufacturing Index for May declined to 4.5 from 15.5 in April, which was below the expected reading of 7.7.

Oil prices were moving modestly higher, with front-month global benchmarks North Sea Brent crude up 0.7% at $83.35 per barrel and US West Texas Intermediate crude rising 0.9% at $79.36 per barrel.

In other world markets, Japan's Nikkei rose 1.4%, Hong Kong's Hang Seng climbed 1.6%, and China's Shanghai Composite was up 0.1%. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 was up 0.01%, while Germany's DAX 30 and France's CAC 40 were both down 0.5%.

On the winning side, shares of TSR (TSRI) jumped 65% in Thursday's premarket session after it said late Wednesday that it agreed to be acquired by Vienna Parent Corporation subsidiary Vienna Acquisition for $13.40 per share. AST SpaceMobile ( ASTS ) shares surged 31% after it said late Wednesday it signed a commercial agreement with AT&T ( T ) to provide a space-based broadband network for cell phones. Blue Star Foods ( BSFC ) shares advanced 35% after it said Wednesday it would implement a 1-for-50 reverse stock split to bring it into compliance with Nasdaq's $1.00 minimum bid price requirement. Shares of BM Technologies ( BMTX ) rose 25% after it reported late Wednesday Q1 revenue that topped street forecasts.

And Centogene's ( CNTG ) shares climbed 26% a day after it posted higher 2023 revenue from a year earlier.

On the losing side, shares of Kulr Technology Group ( KULR ) fell 26%, a day after it reported a higher-than-expected Q1 net loss per share. Spire Global's ( SPIR ) stock tumbled 24% after it reported late Wednesday Q1 earnings and revenue that missed analyst expectations. AERWINS Technologies' ( AWIN ) shares dropped 19% after soaring 132% the previous session. Shares of Fluent (FLNT) shed 13% after it reported late Wednesday Q1 revenue that fell just short of analyst forecasts. And GameStop ( GME ) stock slipped 14%, extending the previous session's 19% loss.