The S&P 500 is trading flat after rising 20 points on Wednesday.
Futures had been pointing lower but the jobless claims data improved sentiment. There’s talk about the Chinese trade data but, as Eamonn pointed out, the y/y numbers were heavily skewed by over-invoicing last year. If you scrap the exports to Hong Kong & Taiwan (they fell 42% due to over-invoicing a year ago) that exports to the rest of the world were +8%.
