Stock futures opened higher after the S&P 500 posted its fourth down day in a row on Wednesday.
The moves came after the Federal Reserve released the minutes of its most recent meeting, which concluded Feb. 1, showing that members of the central bank are resolved toInflation "remained well above" the Fed's 2% target and the labor market "remained very tight, contributing to continuing upward pressures on wages and prices," according to the minutes.
More consumer earnings reports are due out Thursday morning, including Alibaba, Papa John's, Wayfair and Bath & Body Works. After the bell, investors will hear from Beyond Meat, Block, Warner Bros. Discovery and Carvana, among others.
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