Stock futures are little changed Thursday as investors digest quarterly results from major companies and await further developments in President Donald Trump's feud with Federal Reserve Chair Jerome Powell.

U.S. stock futures were flat in early Thursday trading, signaling a muted open as investors digest a wave of mixed economic data, fresh earnings results, and heightened political drama involving President Donald Trump and Federal Reserve Chair Jerome Powell.

Stock futures were trending higher roughly 30 minutes before the opening bell, as investors reacted to a batch of strong economic data released earlier on Thursday. S&P 500 futures were up by 13 points,

Some of the major companies slated to report before the opening bell include Taiwan Semiconductor Manufacturing, Travelers, GE Aerospace and PepsiCo.

Dow Futures digest earnings, inflation data, and Fed tensions as tech stocks and economic signals take center stage.

Futures tracking the Nasdaq and the S&P 500 rose on Thursday, as strong results from Taiwan's TSMC boosted chipmakers after a rollercoaster session marked by concerns about the Federal Reserve's independence.

The S&P 500 Index futures contract is at 5320.50, up 16.50 or +0.31% and Nasdaq futures are trading 18807.00, up 106.00 or +0.57%. These gains followed a modestly positive day on Wall Street.