Traders are hoping for the rally to continue to Black Friday.
U.S. stock index futures were higher on Black Friday, with the focus on retailers to see if they will propel or hit pause on Wall Street's record-setting rally.
Trading is expected to be relatively quiet with the U.S. stock market scheduled to close at 18:00GMT. The market was shut on Thursday for the Thanksgiving holiday.
The three main U.S. indexes have hit all-time highs and closed at record levels multiple times in the past few days, most recently on Wednesday, when industrial stocks boosted the Dow .DJI and the S&P 500 .SPX to record-high closes.
Thanksgiving and Black Friday kick off the holiday shopping season, which is crucial for retailers as it accounts for as much as 40% of annual sales.
Online spending climbed to above $1 billion by Thanksgiving evening, surging almost 14% from a year ago, according to Adobe Digital Index.
Shares of Wal-Mart were up 1.14% at $71.64 in light premarket trading. Amazon.com inched up 0.32%.
China's Ctrip.com jumped 9.5% to $44.90 after agreeing to buy UK travel search website Skyscanner in a deal valued at around $1.74 billion.
Johnson & Johnson edged up 0.4% after Bloomberg reported on Thursday that the healthcare company had approached Swiss biotechnology firm Actelion about a potential takeover.
Meanwhile, oil prices fell 1.2% amid uncertainty that the OPEC would arrive at a decision to cut production during a meeting next week. The dollar Index was down 0.28%.