US stock futures rising ahead of economic reports

By MATTHEW CRAFT | September 15, 2011 | 8:15 AM EDT

FILE - In this Sept. 12, 2011 file photo, traders work on the floor of the New York Stock Exchange, in New York. Markets were calmed Thursday, Sept. 15, 2011, by growing expectations that Greece will not be defaulting on its debts anytime soon and will get the next batch of rescue funds due from its international bailout package. (AP Photo/Henny Ray Abrams, File)

NEW YORK (AP) — Stock futures are rising ahead of a new batch of economic data.

The government plans to release reports on weekly claims for unemployment benefits, consumer prices, industrial production and regional manufacturing on Thursday.

Economists forecast first-time applications for unemployment benefits slipped last week to 412,000. A surprise reading higher or lower often sets the tone for stock market trading.

The consumer price index is expected to have inched up 0.2 percent in August from the previous month.

A show of support by Germany and France for Greece lifted stocks on Wednesday.

Ninety minutes before the opening bell, Dow Jones industrial average futures are up 60 points, or 0.6 percent, to 11,234. S&P 500 index futures are up 7, or 0.6 percent, to 1,188. Nasdaq 100 futures are up 17, or 0.8 percent, to 2,263.