Stock futures were higher on Thursday, Nov. 30, as technology names set up for a rebound following the Nasdaq's worst day in three months. 

Dow Jones Industrial Average futures added 92 points, putting the index on track to open around 24,000, a level not seen before, and above a closing record set a day earlier. S&P 500 futures gained 8 points, and Nasdaq futures rose 22 points. 

Facebook Inc. (FB) , Netflix Inc. (NFLX) , Apple Inc. (AAPL) , Microsoft Corp. (MSFT) , Adobe Systems Inc. (ADBE)  and Micron Technology Inc. (MU)  were all higher in premarket trading in a rebound from losses a day earlier. The tech sector has been particularly susceptible to selloffs since the middle of the year following a steep run-up over the past 18 months.

Apple, Microsoft and Facebook are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells those stocks? Learn more now.

"We see [yesterday's] tech selloff as more of a short-term rotation play as some of the bigger names lead the space lower," Ryan Detrick, senior market strategist for LPL Financial, told TheStreet. "With the sector up more than 40% year to date, nearly double the next best sector, you're likely seeing profit-taking as cash flows back into financials following ... upwardly revised third quarter GDP data ... However, technology is still generating solid earnings growth, and it's well positioned to benefit from a likely pickup in business spending when tax reform passes."

Crude oil prices were higher on Thursday as Organization of Petroleum Exporting Countries and non-OPEC members convened in Vienna to discuss a supply-demand imbalance. The world's biggest oil exporters are expected to extend production cuts until the end of the year at a meeting on Thursday, while also leaving the door open to an early wind up of their agreement if oil prices rise too far. The current agreement has reduced supply by 1.8 million barrels per day since January and supported oil's rise beyond $60 a barrel.

Analysts have warned that an extension of the production caps until the end of 2018 has been priced into the oil market and anything less than that will weigh on oil prices. The agreement to limit production is currently due to expire in March.

West Texas Intermediate crude oil was up 0.9% to $57.69 a barrel on Thursday. 

Personal incomes and spending in the U.S. rose in October, a positive sign heading into the holiday shopping season. Incomes rose by 0.4%, while spending increased 0.3%. The savings rate climbed to 3.2% from 3%. 

Initial weekly jobless claims fell in the past week, holding at multi-year lows. The number of new claims for unemployment benefits fell by 2,000 to 238,000. The less volatile four-week average increased by 2,250 to 242,250. 

Also on the economic calendar Thursday: Chicago PMI for November at 9:45 a.m. ET.

Juniper Networks (JNPR) shares plunged 8% in premarket trading after European tech equipment maker Nokia Oyj (NOK) denied it was considering an offer for the Sunnyvale, California-based company. Reports on CNBC a day earlier indicated that Finnish network equipment maker Nokia was considering making an offer for the Juniper that would value that company at around $16 billion. .

Nokia on Thursday, however, denied the reports, saying it is "not currently in talks with, nor is it preparing an offer for, Juniper Networks related to an acquisition of that company." Espoo, Finland-based Nokia has been concentrating on its telecom equipment business, with a focus on the Internet of Things, 5G and the cloud, since selling its mobile phone unit to Microsoft Corp.

Sears Holding Corp. (SHLD) rocketed 28% higher on Thursday after narrowing quarterly losses in its three months to Oct. 28. Net losses of $5.19 a share compared to a net loss of $6.99 a share in the same quarter a year earlier. Adjusted losses of $2.64 a share came in $1.82 a share less than expected. Revenue tumbled 27% to $3.66 billion, largely a result of store closures.

Barnes & Noble Inc. (BKS) tumbled 10% in premarket trading after missing second-quarter earnings and sales estimates. A net loss of 41 cents a share was 15 cents wider than anticipated. Revenue decreased nearly 8% to $791.12 million, missing by $21 million. 

Costco Wholesale Corp. (COST)  was slightly higher in premarket trading after reporting that comparable-store sales in November rose 10.8%, with e-commerce sales jumping 39%. The warehouse retailer said comparable sales in the U.S. rose 10.2%, 13.8% in Canada and 11.1% in other international countries. Costco said comparable sales in November, excluding the impacts changes in gasoline prices and foreign exchange, rose 7.9%. Net sales in the month rose 13.2% to $11.26 billion.

Updated from 7:45 a.m. ET, Nov. 30. 

More of What's Trending on TheStreet:

More from Futures

How a No Deal Brexit Would Impact U.K. Stocks

How a No Deal Brexit Would Impact U.K. Stocks

Economist Perspective: Brexit

Economist Perspective: Brexit

Why These Countries Are Dumping U.S. Treasuries and What It Means for the Dollar

Why These Countries Are Dumping U.S. Treasuries and What It Means for the Dollar

Striking Options: Earnings, Gold, & Nasdaq

Striking Options: Earnings, Gold, & Nasdaq

Market of the Week: Euro FX

Market of the Week: Euro FX