Stocks poised for a flat to lower start after jobs data

Stocks are set to open higher Thursday morning after Shanghai bounced back from its recent lows, prompting a rally in markets worldwide. Investors were also encouraged by higher oil and commodity prices, but an unexpected loss at retail giant Sears (SHLD) tested confidence early on. Several economic indicators, including employment data, will be in focus this morning.

[Update: an unexpected rise in jobless claims, combined with Sears disappointment caused sentiment to sour somewhat. Stocks are headed for a flat to lower open.]

More here: Before the bell: Stock futures higher on China, oil rebound