Stock futures traded higher as earnings were driving the early morning action Thursday. Shares of Twitter (TWTR) tanked as fourth-quarter revenue at the company came in below forecasts. 

S&P 500 futures rose 0.1%, Dow Jones Industrial Average futures increased 0.1%, and Nasdaq futures were up 0.06%.

West Texas Intermediate crude oil rose 1.2% to $52.96 a barrel on Thursday, after settling up 0.3% to $52.34 a barrel in the previous session. 

Weekly jobless claims in the U.S. fell 12,000 to 234,000. Economists expected claims of 250,000.
 
Twitter ( TWTR) dropped 9.7% in premarket trading after the social media company reported fourth-quarter revenue of $717 million, missing estimates. Fourth-quarter adjusted earnings were 16 cents a share, beating estimates of 12 cents.
 
Twitter also posted flat sequential user growth in the fourth quarter.
 
"While revenue growth continues to lag audience growth, we are applying the same focused approach that drove audience growth to our revenue product portfolio, focusing on our strengths and the real-time nature of our service," Twitter CEO Jack Dorsey said in a statement. "This will take time, but we're moving fast to show results."
 
Cigna  ( CI)  shares fell 0.4% in premarket trading after a federal judge blocked its $54 billion proposed merger with  Anthem ( ANTM) . U.S. District Court Judge Amy Berman sided with the Department of Justice, ruling that the deal was anticompetitive for other health care insurers.
 
Tesla ( TSLA) shares were up almost 4% in premarket trading after the company said it would stop production at its California assembly plant for a week in February to test-build the Model 3 sedan later this month, Reuters reported
 
Whole Foods Market ( WFM)  dropped 0.7% in premarket trading on Thursday after the grocer said that it plans to close nine stores and reduce expansion. The store also reported earnings of 30 cents a share, missing estimates of 39 cents, while revenue climbed 1.8% to $4.92 billion, but came in lower than expected. Comparable-store sales fell 2.4% and the company lowered it 2017 guidance. 
 
Dunkin' Brands ( DNKN)  reported earnings of 61 cents a share, a reversal from a year-earlier loss of 10 cents a share. Revenue climbed 5.8% during fourth quarter.
 
Coca-Cola  ( KO)  shares fell 2.1% after the company reported adjusted earnings of 37 cents a share, matching estimates, while revenue of $9.41 billion beat expectations. Net revenue for the quarter declined 6%, due to the "impact from foreign currency and structural changes," the company said. 
 
Viacom ( VIAB)  reported earnings of $1.04 a share for its fiscal first quarter, beating estimates. It earned $1.18 a share a year earlier. Revenue of $3.32 billion was up 5.4% from the $3.15 billion reported last year. 
 
CVS Health ( CVS)  shares rose 2.1% after the company said net revenue increased 11.7% to $45.97 billion, but fell below consensus estimates. Adjusted earnings of $1.71 a share were better than expected. 
 
Yum! Brands  ( YUM)  shares increased 0.7% after the company reported earnings of 76 cents a share, beating estimates, but sales of $2.02 billion came in below expectations. 
 
Airline stocks will be on watch as Donald Trump plans to meet with CEOs of the carriers on Thursday to discuss security and jobs. Executives from Southwest Airlines ( LUV) , Alaska Airlines ( ALK) , United Airlines ( UAL) , Delta Air Lines ( DAL) , JetBlue Airways ( JBLU) , and cargo carriers FedEx ( FDX) , UPS ( UPS) and Atlas Air ( AAWW) are expected to attend, CNN reported. 

 

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