Energy in spotlight: Several U.S. energy firms will publish results on Thursday. Apache (APA), Occidental Petroleum (OXY) and Chesapeake Energy (CHK) are all scheduled to report before the opening bell.
Oil prices have dipped below $50 per barrel in recent days as optimism over a production cut strategy agreed between major producers has faded. The idea was that production cuts would get rid of excess supply and help support prices. American producers, however, have increased their activity.
U.S. crude oil futures were trading 0.8% down early Thursday, at $47.45 per barrel.
Health care bill vote: The House will vote on a bill to repeal and replace Obamacare on Thursday.
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