U.S. stock index futures pointed to a slightly lower open Thursday, as investors geared up for more earnings and awaited any key news concerning the U.S. central bank.
Dow Jones industrial average fell 9 points, while S&P 500 and Nasdaq 100 futures slipped 2.25 points and 2.75 points, respectively. The major indexes hit intraday record highs in the previous session.
On Thursday, a fresh cluster of corporate earnings are set to be released during the day.
Looking to data, jobless claims, and productivity and costs data are set to be released at 8:30 a.m. EDT.
On the central bank front, the U.S. Federal Open Market Committee announced that it was maintaining its interest rates at present levels, leaving the door open for a rate hike to occur at its next meeting in December. The decision by the U.S. central bank was widely expected by markets.
Fast forward to today, President Donald Trump is expected to announce his pick for the 2018 head of the U.S. Federal Reserve. Fed Governor Jay Powell has been a recent favorite to take on the position from current Chair Janet Yellen — who's also a key candidate — in early 2018.
Over in Europe, the Bank of England raised interest rates for the first time in a decade, lifting them from record lows. The British pound fell sharply against the dollar following the announcement.