U.S. stock index futures pointed to a lower open on Thursday as Wall Street amid the release of ADP payroll data, OPEC's meeting in Vienna, as well as comments from European Central Bank (ECB) President Mario Draghi.
Draghi said inflation rates are likely to remain very low or negative in coming months, Dow Jones reported. He added that inflation should pick up in the second half of 2016.
The ECB raised its 2016 inflation forecast to 0.2 percent from 0.1 percent seen in March and kept its longer-term forecasts steady, with expectations of a 1.6 percent inflation rate in 2018, still short of its target of almost 2 percent, Reuters said.
The U.S. dollar index held lower after briefly attempting gains. The euro was last near $1.12 and the yen near 108.8 yen against the dollar.
U.S. crude oil futures held about 1 percent lower to trade near $48.50 a barrel as of 9:02 a.m. ET. OPEC agreed to no change in policy and no output ceiling, according to Reuters, citing a delegate.
The private sector ADP payroll report was 173,000 in May, a touch below Reuters expectations for 175,000 jobs. The April report was revised up to 166,000 from 156,000.
Treasury yields held lower, with the 2-year yield near 0.88 percent and the 10-year yield around 1.83 percent as of 8:40 a.m. ET.
The ADP report is not widely seen as a reliable indicator for the government's jobs report, expected Friday, but last month it reported just 156,000 jobs. Two days later, April nonfarm payrolls came in at just 160,000, 40,000 shy of expectations.
162,000 nonfarm payrolls are expected in the government report Friday.