At around 5:40 a.m. ET, Dow futures indicated a positive open of more than 30 points. Futures on the S&P and Nasdaq were both seen slightly higher.
The Federal Reserve will release the minutes of its March monetary policy meeting later in the session. Last month, the U.S. central bank decided to maintain interest rates and hold off an any further increases this year.
Meanwhile, global economic growth was a sore point for risk asset markets. The International Monetary Fund (IMF) cut its forecast for world economic growth this year, saying a slowdown could force world leaders to coordinate stimulus measures.
The fund said it expects the world economy to grow by 3.3% this year. That’s down from its previous outlook of 3.5%, which was also a downgrade.
In corporate news, Delta Air Lines and MSC Industrial are both set to release their latest quarterly results shortly before the bell. Bed Bath & Beyond is set to publish its earnings after market close.