U.S. stock futures were slightly higher on Thursday morning as investors the market attempted to keep climbing its way out of a bear market.
Dow Jones Industrial Average futures inched up by 100 points, or 0.32%. S&P 500 and Nasdaq 100 futures were up 0.31% and 0.35%, respectively. The S&P 500 on Wednesday posted its first 3-day winning streak since late May. The benchmark is on pace for its second positive week in 3 and now sits about 20% off its record high.
Investor sentiment was helped by shares of GameStop, which popped 9% in premarket trading after the video game retailer said a 4-for-1 stock split was approved by its board. Shareholders at the market close on July 18 will get a dividend of three additional shares for each of GameStop’s Class A common stock, the retailer said. The dividend will be distributed after trading closes on July 21.
Chipmakers were higher in premarket…