U.S. stock options were little affected on Thursday night, after the major averages had a late-day rebound as investors evaluated the probability of tighter Federal Reserve money policy to counter inflation.

Dow Jones Industrial Average futures advanced by 10 points (0.03%). S&P 500 and Nasdaq 100 futures climbed 0.04% and 0.07%, respectively.

After two days of consecutive losses, the Dow Jones Industrial Average rebounded on Thursday. Following a drop of 300 points earlier in session, the Dow increased 87.06 points or 0.25% to 34,583.57. The S&P 500 gained 0.43% to 4,500.21, and the Nasdaq Composite ticked up 0.06% to 13,897.30.

Investors weighed in on a stronger stance by the Federal Reserve against inflation, resulting in a choppy session. The minutes of the March central bank meeting were released on Wednesday. They indicated that policymakers intend to decrease their bond holdings by at least 5%. consensus amount of about $95 billionOne month. In the minutes, it was also mentioned that future meetings could see interest rates rising by 50 basis points.

Stephanie Link from Hightower’s chief investment strategist, portfolio manager, said that the market is in its trading range and will remain so for some time. It’s because there are so many unknowns.”

The wholesale inventories report on the economic front will be published at 10:10 a.m. Friday.

Investors also look forward to earnings season which begins next week and will feature reports from five major banks. JPMorgan will be reporting before the bell Wednesday. Citigroup, Morgan Stanley, Morgan Stanley, and Wells Fargo all report prior to markets opening on Thursday.