Stock futures ticked up slightly on Wednesday as Wall Street braced for the Federal Reserve's latest meeting minutes and more insight on the central bank's future hiking agenda.
Futures for the Dow Jones Industrials gathered 85 points, or 0.3%, early Wednesday to 33,247.
Futures for the S&P 500 gained 12.5 points, or 0.3%, to 4,018.25.
Futures for the NASDAQ Composite jumped 56.75 points, or 0.5%, to 12,153.50.
Shares of Palo Alto Networks popped 9.5% after the cybersecurity company lifted its earnings forecast for the year. Crypto exchange platform Coinbase topped revenue expectations.
Mounting concerns that the Fed will continue hiking rates spooked investors Tuesday and pushed stocks to their worst day of 2023. A slew of earnings reports, including disappointing results from Home Depot also sparked concerns about the health of the consumer.
Earnings season rolls on with results from Nvidia, Etsy and Baidu.
Attention now shifts toward the Fed minutes due out Wednesday. Investors will scour the results for insight into the central bank's future rate hiking path and its recent 25-basis-point increase.
In Japan, the Nikkei 225 index sank 1.3%, while in Hong Kong, the Hang Seng fell 0.5%.
Oil prices drooped 45 cents to $75.91 U.S. a barrel.
Gold prices hiked $8.20 to $1,850.70 U.S. an ounce.