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U.S. futures are rising sharply as markets look to break out of tailspin.

Premarket

U.S. futures are climbing premarket Thursday as markets look to break a recent losing streak with the Dow pointing towards a triple digit increase at the open.

Dow futures are climbing 0.54%, indicating an open 133 points higher, while S&P futures gained 0.64%, indicating an open 17 points higher, and Nasdaq futures rose 1.13%, indicating an open 78 points higher. 

In Asia, the Nikkei dropped 3.72%, the Shanghai Composite rose 0.02%, and the Hang Seng dropped 1.01%. 

In Europe, the DAX rose 0.2%, the CAC 40 gained 1.16%, and the FTSE 100 was falling 0.13% with about four hours left in trading. 

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TAGS: Investing | U.S. Equity

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