US pre-open: Futures in the green following FOMC minutes

Wall Street futures were pointing to a mostly positive open ahead of the bell on Thursday as market participants continued to mull over the central bank's plans to tighten monetary policy.

As of 1225 BST, Dow Jones futures were up 0.13%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.28% and 0.49% firmer, respectively.

The Dow closed 144.67 points lower on Wednesday as market participants digested minutes from the FOMC's latest two-day policy meeting late in the session.

The Fed was still in focus prior to the open, with minutes from its latest meeting indicating that officials intended to reduce their trillions in bond holdings by a consensus amount of approximately $95.0bn. Policymakers also indicated that one or more 50 basis-point interest rate hikes may be necessary in order to battle surging inflation.

Officials also "generally agreed" that a maximum of $60.0bn in Treasurys and $35.0bn in mortgage-backed securities would be allowed to roll off, phased in over three months, starting May.

On the macro front, the Labor Department's jobless claims data for the week ended 2 April will be published at 1330 BST.

In the corporate space, Apogee posted a surprise fourth-quarter loss ahead of the bell on the back of heightened restructuring costs, while Constellation Brands was also set to report earnings before the start of trading.