U.S. stock futures ticked higher after the first banks to report quarterly results posted strong profits and ahead of another flurry of earnings updates and economic data.

S&P 500 futures rose 0.4% and futures on the Dow Jones Industrial Average strengthened 0.3%. Changes in equity futures don't necessarily predict movements after the opening bell.

Europe stocks climbed Thursday for a three-day run of gains. The Stoxx Europe 600 added 0.3% in morning trade, and it is at its highest level in a year. Consumer-staples and information-technology sectors led gains while healthcare and real-estate sectors lost ground.

Anheuser-Busch InBev jumped 2.2% for a two-session winning streak.

The U.K.'s FTSE 100 gained 0.4%. Other stock indexes in Europe also mostly climbed as France's CAC 40 rose 0.2%, the U.K.'s FTSE 250 added 0.3% and Germany's DAX rose 0.2%.

The euro and the British pound were up 0.1% against the U.S. dollar and the Swiss franc was mostly flat against the dollar, with 1 franc buying $1.08.

In commodities, Brent crude was flat, at $66.56 a barrel. Gold was up 0.6% to $1,747.00 a troy ounce.

German 10-year bund yields declined to minus 0.262% and the U.K. 10-year gilts yield was down to 0.804%. 10-year U.S. Treasury yields declined to 1.623% from 1.637%. Yields move inversely to bond prices.

Indexes in Asia were mixed as Japan's Nikkei 225 index notched a small gain, rising 0.1% after climbing up to 0.5% during the session, whereas Hong Kong's Hang Seng lost 0.8% and China's benchmark Shanghai Composite was lower 0.5%.

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(END) Dow Jones Newswires

04-15-21 0400ET