What you must know before the bell:

1. European stocks open mixed as investors prepare for one of the busiest corporate earnings sessions of the year.

2. Stocks in Asia reached their highest levels in nearly a decade in overnight trading.

3. A dovish statement from the U.S. Federal Reserve helped push the dollar index past a 14-month low in overnight trading to 93.39. 

4. The broader S&P 500 is set to gain 0.14% at the bell while the tech-heavy Nasdaq is looking at an impressive 0.5% gain thanks in part to stronger-than-expected second quarter earnings from Facebook Inc  (FB - Get Report) .

The earnings parade Thursday includes Amazon.com Inc. (AMZN - Get Report) , Twitter Inc. (TWTR - Get Report) , Starbucks Corp. (SBUX - Get Report) , Intel Corp. (INTC - Get Report) , Dunkin' Brands (DNKN - Get Report) , Electronic Arts Inc. (EA - Get Report) , United Parcel Service Inc. (UPS - Get Report) , Western Digital Corp. (WDC - Get Report) , Mattel Inc.  (MAT - Get Report) , MasterCard Inc. (MA - Get Report) , Southwest Airlines Co. (LUV - Get Report) , Fiat Chrysler Automobiles (FCAU - Get Report) , Sirius XM Holdings Inc. (SIRI - Get Report) , Dow Chemical Co. (DOW) , Verizon (VZ - Get Report) and Comcast Corp. (CMCSA - Get Report) . 

5. Early indications from U.S. equity futures suggest another run at record highs could be in the cards for Wall Street. 

Watch More with TheStreet: