Wall Street's main indexes have edged lower after Federal Reserve Chair Jerome Powell offered no fresh policy signals, leaving investors to rely on older data to shape sentiment.
While markets have priced in aggressive interest rate cuts on hopes that the Fed will prioritise labour market support, minutes from the central bank's September meeting released on Wednesday showed lingering inflation concerns.
Investors will also tune in to remarks from other Fed speakers, including Board Governor Michael Barr and San Francisco Fed President Mary Daly.
Any hawkish tilt from policymakers could weigh on equities, which have held strong even during a seasonally weak stretch, partly on expectations of lower rates.
"We're headed for a big correction, but that correction is not likely to happen fo