U.S. stock futures flipped slightly higher Thursday after falling overnight, as investors assess whether markets have settled after the U.K.'s Brexit vote prompted a rout, then a rally.
In focus later will be a speech by a key Federal Reserve policy maker, St. Louis Fed President James Bullard, and a weekly update on jobless claims.
Futures for the Dow Jones Industrial Average were up 45 points, or 0.3%, to 17,669.00, and futures for the S&P 500 index picked up 4.95 points, or 0.2%, at 2,071.75. Nasdaq-100 futures were up 8.75 points, or 0.2%, at 4,371.50.
Futures for each of the indexes were in the red earlier Thursday, as crude-oil prices pulled back from their gain on Wednesday, the biggest since early April.
The Dow Jones Industrial Average is about 320 points away from recouping its Brexit-spurred losses. The benchmark on Wednesday ended 1.6% higher, while the S&P 500 tacked on 1.7%. The Nasdaq Composite Index added 1.9%.
"Market sentiment seems to be settling down, as the volatility following last week's Brexit continues to subside," said Richard Perry, market analyst at Hantec Markets, in a note.
"However, it appears that markets have developed into more of a consolidation and there will be fears that this could simply have been an unwinding move that provides another chance to sell," he added.