U.S. stock index futures indicated a lower open Thursday as investors weighed the possibility of a December rate hike and digested third-quarter GDP (gross domestic product), as well as a host of earnings data.
In economic news, third-quarter GDP showed an annual rate of 1.5 percent, slightly missing expectations and below the second-quarter's 3.9 percent. Weekly jobless claims was 260,000.
Dow futures continued to trade about 60 points lower after the data releases.
The Fed on Wednesday issued a surprisingly hawkish post-meeting statement, commenting specifically that it will be looking for progress in employment and labor when considering a rate hike at its December meeting.
The fact the central bank specifically mentioned its next meeting immediately triggered a significant move up in market expectations for a Fed rate rise this year.