U.S. stock futures were lower on Thursday Sept. 7, following gains in the previous session that came as a result of Donald Trump agreeing with Democrats to keep the government operating and raise the U.S. debt ceiling.

The Dow Jones Industrial Average gained 0.25% on Wednesday, Sept. 6, the S&P 500 gained 0.31%, and the Nasdaq rose 0.28%, after Trump agreed to raise the debt limit through to Dec. 15, approving of a three-month extension deal offered by Senate Democratic Leader Chuck Schumer and House Minority Leader Nancy Pelosi. The proposed extension is tied to a Hurricane Harvey relief package.

European stocks traded higher on Thursday as investors bet that European Central Bank President Mario Draghi will flag the end of the bank's €2.3 trillion quantitative easing program later in the day in Frankfurt.

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