• S&P 500 is set to open at new all-time high above 5,000.
• Alibaba, PayPal and Disney were among noteworthy companies that reported earnings this week.
• Energy Sector was the best-performing S&P 500 major sector on Thursday.

S&P 500 futures rise 0.16%, Dow Jones futures are unchanged, and Nasdaq futures gain 0.33%.

S&P 500 (SPX), Dow Jones (DJIA), and Nasdaq (IXIC) indexes closed on Thursday with a 0.06% gain, a 0.13% increase, and a 0.24% rise, respectively.

What to know before stock market opens

• The Energy Sector was the best-performing S&P 500 major sector on Thursday, rising 1.09% on the day. The Utilities Sector settled in the opposite extreme, shedding 0.83%.
• Ralph Lauren Corp. (RL)  and Monolithic Power Systems Inc. (MPWR) added over 10%, making it to the top gainers on Thursday. Snap-on Inc. (SNA) lost 9.7% and closed at its lowest level since early November at $266.03.
• The US Department of Labor reported that there were 218,000 Initial Jobless Claims in the week ending February 3, down from the previous week's revised 227,000.
• Federal Reserve (Fed) Bank of Richmond President Thomas Barkin told Bloomberg on Thursday that economic data has been remarkable across the board but noted that he is cautious about the accuracy of numbers at the turn of the year.
• The data from the US showed that the goods and services deficit was $62.2 billion in December, up $0.3 billion from $61.9 billion in November.
• The Federal Reserve (Fed) reported late Wednesday that consumers added $1.56 billion in additional borrowing, far below the $16 billion forecast and declining steeply from the previous month's $23.75 billion.
• In an interview with CNBC on Wednesday, Minneapolis Fed President Neel Kashkari argued they can dial back the policy rate quite slowly if the labor market continues to be strong. "At the moment, two to three rate cuts this year seems appropriate," he added. 
• Federal Reserve Board of Governor member Adriana Kugler noted on Wednesday that she is pleased with the great progress on inflation and added that she is optimistic that the progress will continue. "Some measures of financial conditions have eased but remain relatively tight and are consistent with continued progress on inflation,” Kugler elaborated