U.S. stock futures were swinging between gains and losses on Thursday as the Dow Jones fell after yesterday’s rotation out of tech stocks. Futures of major benchmark indices were mixed.

On Wednesday, the benchmark indices ultimately finished mixed, with the Nasdaq Composite dropping about 351 points as investors shifted focus.

Moving forward, corporate results are the primary driver for markets, with Amazon.com Inc. (NASDAQ:AMZN) taking center stage as it reports after the bell today.

In tandem, market participants will evaluate the latest weekly jobless claims report released this morning for new insights into the durability of the U.S. labor market.

Meanwhile, the 10-year Treasury bond yielded 4.27%, and the two-year bond was at 3.55%. The CME Group's FedWatch tool‘s projections show markets pricing a 90.1% likelihood of the Federal Reserve leaving the current interest rates unchanged in March.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were mixed in premarket on Thursday. The SPY was down 0.0044% at $686.16, while the QQQ advanced 0.17% to $606.80.

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